Michael Cavanagh is 54, he's been the Chief Financial Officer and Senior Executive Vice President of Comcast Corp since 2015. Subscribe for full access to The Hollywood Reporter. Comcast Corporation Promotes Mike Cavanagh to President Business Wire PHILADELPHIA -- October 12, 2022 Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has . TV Shows. He is the first executive outside the Roberts family to hold the title. from the University of Chicago. Comcast has upped its Deputy Chief Financial Officer Jason Armstrong to the CFO post, succeeding Mike Cavanagh, who was named president of the NBCUniversal parent last October.. Armstrong has served in several financial leadership positions over the past nine year. Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia. Mike will be only the third President in the company's 59-year history. Mike Cavanagh has been Comcast's chief financial officer since 2015. 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Ready for Tolkien Battle, How the Landscape of Native-Led Stories Has Changed Between Avatars: Were Flexing Our Sovereignty, The Definitive Voice of Entertainment News. Its an honor to work with Brian to lead this great company, Cavanagh added. Philadelphia, PA Comcast Corporation today announced that Mike Cavanagh has been named President. Prior to Roberts becoming president in 1990, the title had been held by his father, Comcast founder Ralph Roberts, who was also chairman and CEO. Two other adult children, left home eventually, complete the extended menagerie. The Brian Roberts-led Comcast. He was the Co-CEO of JPMorgan Chase's . Comcast announced on Monday that it had hired Michael J. Cavanagh as its chief financial officer, choosing a prominent Wall Street executive to help the company move forward after the. from the University of Chicago. Live market coverage co-anchored from Hong Kong and New York. Genre. There are 1 executives at Comcast Corp getting paid more, with BrianRoberts having the highest compensation of $36,370,200. He will continue to serve as chief. He serves on the board of trustees of Yale and is chairman of its investment committee, which has more than $40 billion under management. New Comcast CFO says company must avoid complacency [from 2015], wireless competitors offering 5G wireless internet to homes, California residents do not sell my data request. Mike came to Comcast after more than 20 years in the financial services industry. Brands, Inc. As the Chief Financial Officer and Senior Executive Vice President of Comcast Corp, the total compensation of Michael Cavanagh at Comcast Corp is $26,799,500. October 12, 2022. Michael's mailing address filed with the SEC is ONE COMCAST CENTER, , PHILADELPHIA, PA, 19103. The Hollywood Reporter is a part of Penske Media Corporation. Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. Mike has a broad range of responsibilities, including managing the businesses and teams across the company, overseeing all financial functions, corporate development, strategic planning, and corporate administration. I look forward to working together to shape the bright future of Comcast., Cavanagh joined Philadelphia-headquartered Comcast seven years ago as chief financial officer (CFO). C-SPAN, an acronym for Cable-Satellite Public Affairs Network, is an American cable television network that offers coverage of federal government proceedings and other public affairs programming via its three television channels (C-SPAN, C-SPAN2 and C-SPAN3), one radio station and a group of. In the last twelve months, insiders at the cable giant sold shares 8 times. "With his leadership, the company has expanded its reach significantly in the U.S. and. Prior to joining our company, Mr. Cavanagh had been Co-President and Co-Chief Operating Officer for The Carlyle Group, a global investment firm, since 2014. Athletes' ambitions don't end when they leave the field of play. It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. He will continue to serve as chief financial officer in addition to working closely with chairman-CEO Brian Roberts on managing the companys cable and broadband operations as well as NBCUniversal. He also served as JPMorgan Chases CFO for six years helping steer the company to successfully navigate the financial crisis. To zoom out, use the keyboard shortcut [Ctrl] + [-] in Windows and [Cmd] + [-] on a Mac. The oldest executive at Comcast Corp is Maritza Montiel, 68, who is the Independent Director. He lives with his wife, Julie, adult son Dan, and two black cats in Bateman's Bay, NSW. New Comcast CFO says company must avoid complacency. 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Jordan Meets Reporter at 'Creed III' Premiere Who 'Teased Him all the Time' in High School: 'I Was the Corny Kid, Right? Comcast said on Wednesday that it has promoted chief financial officer Mike Cavanagh to the added role of president. It also provides communications services, including residential high-speed internet, phone, and wireless services. Learn More on Comcast's active insiders. Michael J. Cavanagh serves as President of Comcast Corporation, a Fortune 30 global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the companys 59-year history. Comcast named Michael J. Cavanagh as its chief financial officer Monday. They peaked in August 2021 at about $60 a share. Michael J. Cavanagh serves as Chief Financial Officer, Senior Executive Vice President of the Company. Michael J. Cavanagh serves as President of Comcast Corporation, a Fortune 30 global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Learn More on Michael J. Cavanagh's contact information. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Mr. Cavanagh has a broad range of responsibilities, partnering with the Chairman and CEO to manage all aspects of the business and corporate team. We have exceptional businesses with world-class executives in (Sky CEO) Dana (Strong), (Comcast Cable CEO) Dave (Watson) and (NBCUniversal CEO) Jeff (Shell), and Im proud to call them my partners. He is a friend, and I congratulate him on his new role at Comcast., Sign up for THR news straight to your inbox every day. Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. Prior to that, he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, Roberts said. Comcast Corporation Promotes Mike Cavanagh to President. Michael J. Cavanagh serves as Chief Financial Officer of Comcast Corporation, a Fortune 30 global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Member Since. Comcast Corp executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Cavanagh, also the companys chief financial officer, has not been appointed to the board. from the University of Chicago. Michael Cavanagh, the chief financial officer of Comcast who was recently given the added title of president, has inked a new multi-year deal with the company. All Rights Reserved. A member of the Republican Party, Youngkin defeated former Democratic governor Terry McAuliffe in the 2021 Virginia gubernatorial election. Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. Michael J. Cavanagh serves as President Financial Officer of Comcast Corporation, a Fortune 30 global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Mr. Cavanagh was appointed a successor trustee in 2020. From 2012 to 2014 he was co-chief executive officer of JPMorgan Chase & Co.s Corporate & Investment Bank, a global leader in its industry with over $30 billion in revenue and more than sixty thousand employees working in nearly 100 countries. I look forward to working together to shape the bright future of Comcast.. Mr. Cavanagh served as the Co-President and Co-Chief Operating Officer at The Carlyle Group LP since joining in April 2014. Mike earned a B.A. Mr. Cavanagh joined Comcast as the companys Chief Financial Officer in 2015 after spending more than twenty years in the financial services industry. The most recent stock trade was executed by Jason Armstrong on 14 February 2023, trading 9,726 units of CMCSA stock currently worth $361,515. Markets never sleep, and neither does Bloomberg. He serves on the Board of Trustees of Yale and is Chairman of its Investment Committee, which has more than $40 billion under management. The global economy also faces a potential recession. Last month, Comcasts board sought to bolster the companys stock by purchasing up to $20 billion in shares as investors sold them. He was the Co-CEO of JPMorgan Chases Corporate & Investment Bank from 2012 to 2014, a global leader in its industry with over $30 billion in revenue at the time and more than 60,000 employees working in nearly 100 countries. We hope you'll join us in welcoming them to the board and The Rosenbach community. Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. He was Co-CEO of JPMorgan Chase's Corporate & Investment Bank from 2012 to 2014, a global leader in its. Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the company's 59-year history. In promoting the exec, Comcast described his new role as working closely with CEO Roberts to manage the businesses and teams across the company. Cavanagh additionally sits on the board of directors at software firm HealthVerity and is on the membership roster of the Council on Foreign Relations. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. Mike Cavanagh is co-CEO of J.P. Morgan's Corporate & Investment Bank, an industry leader in investment banking, trading markets and investor services such as cash management, clearing and prime brokerage. He'll. Cavanagh will remain as Comcast's CFO, a position he has held since joining the company seven years ago. You can see the complete history of Mr. Cavanagh stock trades at the bottom of the page. Burke and Dimon attended Harvard Business School together, graduating in 1982. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. Mike has a broad range of responsibilities, including overseeing all financial functions, corporate development, strategic planning, and corporate administration. He is also a member of the firm's Operating Committee and Executive Committee. Memoir, Humor and Comedy, Romance. Michael J. Cavanagh has not been actively trading shares of Comcast during the last quarter. Of this total $2,300,000 was received as a salary, $8,625,001 was received as a bonus, $6,315,164 was received in stock options, $10,072,244 was awarded as stock and $44,587 came from other types of compensation. He is also on the board of Yale University and Member of Council on Foreign Relations, Inc. October 12, 2022. in News. The Media segment consists of NBCUniversal's television and streaming platforms, including national, regional, and international cable networks. Glenn Allen Youngkin (born December 9, 1966) is an American businessman and politician, currently serving as the 74th governor of Virginia since January 15, 2022. Michael J. Cavanagh works as Chief Financial Officer at Comcast Corporation. All Rights Reserved. Brian Roberts, Comcast's chairman and CEO, had previously held the title of president. The oldest executive at Comcast Corp is MaritzaMontiel, 68, who is the Independent Director. The Brian Roberts-led Comcast. $1 Million - $5 Million. They sold a total of 7,602,130 shares worth more than $22,410,930.47. Mike joined the company seven years ago . Mike Cavanagh | Comcast. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry, primarily for JPMorganChase and the Carlyle Group. He will remain Chief Financial Officer. Comcast has approximately 186,000 employees worldwide and $121 billion in annual revenue. NBCUniversal parent Comcast has promoted CFO Mike Cavanagh to president, working closely with chairman-CEO Brian Roberts to manage the business and teams across the sprawling company. Since then Michael has changed 3 companies and 2 roles. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. He will remain Chief Financial Officer. But a rogue trader in London in 2012 cost JPMorgan about $6 billion and brought regulators down on it. In addition, at JPMorgan Chase and its predecessor firms, Mr. Cavanagh held various key positions that were critical to the companys success, including CEO of the firms Treasury & Securities Services division, Head of Strategy and Planning, and Chief Operating Officer of Middle Market Banking. . Cavanagh joined Philadelphia-headquartered Comcast seven years ago as chief financial officer (CFO). 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Learn More on Michael J. Cavanagh's contact information. JPMorgan came through the financial crisis of 2008-09 mostly unscathed. The estimated Net Worth of Michael J Cavanagh is at least $34.5 Million dollars as of 17 March 2022. Trustee Michael J. Cavanagh serves as President of Comcast Corporation, a Fortune 30 global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Michael Cavanaugh is the new voice of the American Rock & Roll Songbook and a charismatic performer and musician made famous for his piano/lead vocals in the Broadway musical Movin' Out. For the past seven years Mike has been an incredible leader, partner and friend, Roberts said on the companys quarterly earnings call in late October of Cavanaghs new title. Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. The company was founded in 1963 and is headquartered in Philadelphia, PA. Immediately prior to joining Comcast, he briefly served as Co-President and Co-Chief Operating Officer of The Carlyle Group, a leading global alternative asset manager. Comcast Corporation announced Wednesday that Chief Financial Officer (CFO) Mike Cavanagh has been promoted to the added role of President, making him the the third in the company's 59-year history. Comcast Cable is one of the United States' largest high-speed internet, video, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. News Wire Feed Light Reading 10/12/2022. Cavanagh earned a B.A. Learn More on Michael J. Cavanagh's trading history. Head Coach Herm Edwards has tabbed another addition to his Sun Devil Football coaching staff on January 28, 2021, announcing 35-year coaching veteran Mike Cavanaugh as the program's offensive line coach. The Hollywood Reporter is a part of Penske Media Corporation. What's on TV & Streaming Top 250 TV Shows Most Popular TV Shows Browse TV Shows by Genre TV News India TV Spotlight. We, Yahoo, are part of the Yahoo family of brands. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the . Michael Cavanagh, the chief financial officer of Comcast who was recently given the added title of president, has inked a new multi-year deal with the company. Chart Data in Insider Trading History Table. Emily Cavanagh, Lisa Washington, and Gene LeFevre each bring their own expertise and passion for our mission. Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. The Sky segment provides operations of Sky, one of Europe's entertainment companies, which primarily includes a direct-to-consumer business, providing video, broadband, voice and wireless phone services, and a content business, operating entertainment networks, the Sky News broadcast network, and Sky Sports networks. Mike will be only the third President in the companys 59-year history. Variety is a part of Penske Media Corporation. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. Mike Cavanagh - @cjetnut. Michael Cavanagh is 54, he's been the Chief Financial Officer and Senior Executive Vice President of Comcast Corp since 2015. Cavanaghs connection to Comcast can be traced through Steve Burke, a longtime Comcast executive and former head of NBCUniversal. Public Records. Prior to that, Mr. Cavanagh was the Co-Chief Executive Officer of the Corporate & Investment Bank of JPMorgan Chase & Co. from 2012 until 2014; the Chief Executive Officer of JPMorgan Chase & Co.s Treasury & Securities Services business from 2010 to 2012; and the Chief Financial Officer of JPMorgan Chase & Co. from 2004 to 2010. In a banking career, Cavanagh rose to the top echelons of JPMorgan as co-CEO of JPMorgans corporate and investment bank. from the University of Chicago. Michael J. Cavanagh serves as President of Comcast Corporation, a Fortune 30 global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. This chart shows Mr. Michael J. Cavanagh's buying and selling at Comcast by year and by quarter. Learn More on Michael J. Cavanagh's salary. "Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. And we are both very focused on continuing to innovate and grow this wonderful company for all our employees, customers and guests., Sign up for THR news straight to your inbox every day. It also provides wireless and security and automation services to residential customers under the Xfinity brand. Mike has a broad range of responsibilities, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. Mike came to Comcast after more than 20 years in the financial services industry. Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. Michael Cavanagh serves as President and Chief Financial Officer of Comcast Corporation. Cavanagh serves on the Board of Trustees of Yale University and as chair of its investment committee. Mr. Cavanagh earned a salary of $200,000.00, a bonus of $20,000.00, options awards of $113,489.00, and other compensation of $36,000.00. Michael J. Cavanagh serves as Chief Financial Officer of Comcast Corporation, a Fortune 30 global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Previously he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. He will remain Chief Financial Officer. Comcast Launches 'Free This Week', Increasing Access To Streaming And Premium Network Fare For Xfinity X1 And . Comcast Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the company's 59-year history. Eat steak, play golf, be happy! . NBCUniversal is global and operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. 2 min read Comcast Corporation Comcast Corporation announced Wednesday that Chief Financial Officer (CFO) Mike Cavanagh has been promoted to the added role of. Mike joined Comcast in 2015 after spending more than 20 years in the financial services Michael J. Cavanagh, President and Chief Financial Officer, Comcast Corporation corporate.comcast.com Overnight on Wall Street is daytime in Asia. Reporter is a part of our special company these businesses, as told by players. Then Michael has changed 3 companies and 2 roles chart shows mr. Michael J. Cavanagh 's buying selling! 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