A member of the Republican Party, Youngkin defeated former Democratic governor Terry McAuliffe in the 2021 Virginia gubernatorial election. 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. 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 Member Since. Comcast said chief financial officer Mike Cavanagh has been promoted to president, working with chairman and CEO Brian Roberts. The most active insiders traders include Brian L Roberts, Stephen B Burke, and David L Cohen. Learn More From Comcast Careers Comcast Careers Blog How We Hire Our Culture FAQ 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. Awesome wife and daughter. The Brian Roberts-led Comcast disclosed Dec. 30 that it entered into a new employment agreement with Cavanagh through the end of 2027. Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the companys 59-year history. October 12, 2022. in News. He'll only be the third executive to hold that title in the company's 59-year history, Comcast noted, and will also remain chief . He was Co-CEO of JPMorgan Chase's Corporate & Investment Bank from 2012 to 2014, a global leader in its. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. Mike joined Comcast seven years ago as Chief Financial Officer. The most recent insider tranaction occured on February, 21st when Major Shareholder Corp Comcast sold 37,176 shares worth more than $75,467.28. With this promotion, Mike will work closely with . Two other adult children, left home eventually, complete the extended menagerie. Cavanagh came to the company seven years ago as the CFO following a stint as co-president and co-chief operating officer of private equity giant Carlyle Group. He is the first executive outside the Roberts family to hold the title. With this promotion, Mike will work closely with Chairman and. Learn More on Michael J. Cavanagh's trading history. 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. He also serves on the board of software company HealthVerity and is a member of the Council on Foreign Relations. 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. Comcast Corporation is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. While Comcast stock price hasnt fallen as much as some of its Hollywood peers this year Warner Bros. Movies. Cavanagh who joined Comcast in 2015 after a stint at asset manager The Carlyle Group and previously co-heading investment banking at JPMorgan Chase and serving as CFO of the bank was upped to president in October. June 2016. edit data. 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. The Brian Roberts-led Comcast. Mike earned a B.A. Chart Data in Insider Trading History Table. 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. from the University of Chicago. Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. Mike came to Comcast after more than 20 years in the financial services industry. 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. You can change your choices at any time by visiting your privacy controls. He is also on the board of Yale University and Member of Council on Foreign Relations, Inc. Mike came to Comcast after more than 20 years in the financial services industry. He was previously co-CEO of JPMorgan Chases corporate & investment bank from 2012 to 2014, focusing on investment banking, cash management, investor services and the largest global markets and trading business in the world. He also served as JPMorgan Chases CFO for six years, helping steer the company to successfully navigate the financial crisis., In addition, at JPMorgan Chase and its predecessor firms, he 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, Comcast said. Learn More on Michael J. Cavanagh's trading history. Over the last 20 years, insiders at Comcast Corp have traded over $326,465,581 worth of Comcast Corp stock and bought 128,900 units worth $3,014,835 Mr. Cavanagh served as the Co-President and Co-Chief Operating Officer at The Carlyle Group LP since joining in April 2014. It most recently tallied revenue of $29.85 billion in the third quarter of 2022, ending Sept. 30. The oldest executive at Comcast Corp is Maritza Montiel, 68, who is the Independent Director. He will remain chief financial officer., Said Roberts: Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him. October 12, 2022. 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.Handpicked by Billy Joel to star in Movin' Out, Cavanaugh evokes a style rivaling the Piano Man.He appeared in the show for three years with over 1,200 performances and received multiple accolades. He was Co-CEO of JPMorgan Chase's Corporate & Investment Bank from 2012 to 2014, a global leader in its. 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. The company will report its full . 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. READ MORE: New Comcast CFO says company must avoid complacency [from 2015]. Public Records. "With his leadership, the company has expanded its reach significantly in the U.S. and. And no matter what his role, Mike has always acted with integrity and high character, combined with intelligence, passion and hard work. 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. He rowed at Yale. Mike will be only the third President in the companys 59-year history. Mike Cavanagh, Senior Executive Vice President & Chief Financial Officer, and APA Executive Champion, shares his thoughts on why it's important to be open when receiving feedback. Enter your email address below to get our daily insider buying and selling report. All Rights Reserved. Variety and the Flying V logos are trademarks of Variety Media, LLC. 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. Bloomberg Daybreak Asia. Cavanagh joined Philadelphia-headquartered Comcast seven years ago as chief financial officer (CFO). from Yale University and a J.D. Mr. Cavanagh owns over 53,400 units of Comcast Corp stock worth over $3,615,711 and over the last 10 years he sold CMCSA stock worth over $4,083,951. On Friday, Comcast released its executive compensation figures, showing the company's chief, Brian Roberts, received $36.2 million, and the new chief financial officer, Michael J. Cavanagh,. $1 Million - $5 Million. from Yale and a J.D. Mike earned a B.A. Michael J. Cavanagh has not been actively trading shares of Comcast during the last quarter. Last month, Comcasts board sought to bolster the companys stock by purchasing up to $20 billion in shares as investors sold them. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. Mike will be only the third president in the companys 59-year history. Last updated: 18 March 2022 at 5:05pm EST. In a banking career, Cavanagh rose to the top echelons of JPMorgan as co-CEO of JPMorgans corporate and investment bank. Cavanagh earned a B.A. Variety is a part of Penske Media Corporation. Find out more about how we use your information in our privacy policy and cookie policy. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. Michael J. Cavanagh serves as Chief Financial Officer, Senior Executive Vice President of the Company. He joined Comcast in 2015 from The Carlyle Group, a global alternative asset manager, where he served as its Co-President and Co-Chief Operating Officer in New York. 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. Oct. 12, 2022, 08:24 AM. Eat steak, play golf, be happy! from Yale University and a J.D. Burke sat on the JPMorgan board and knew Cavanagh through board presentations. Comcast reported revenue of $116.4 billion for fiscal year 2021. In addition, he makes $26,799,500 as Chief Financial Officer and Senior Executive Vice President at Comcast Corp. Michael has made over 20 trades of the Comcast Corp stock since 2014, according to the Form 4 filled with the SEC. 2 min read Comcast Corporation Comcast Corporation announced Wednesday that Chief Financial Officer (CFO) Mike Cavanagh has been promoted to the added role of. We, Yahoo, are part of the Yahoo family of brands. 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. 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. Since then Michael has changed 3 companies and 2 roles. He will continue to serve as chief financial. He will continue to serve as chief. Cavanaghs connection to Comcast can be traced through Steve Burke, a longtime Comcast executive and former head of NBCUniversal. He is the first executive outside the Roberts family to hold the title. Cavanagh, 56, has served as CFO since 2015 and will continue in that role in addition to his promotion to president. Mike Cavanagh - @MikeCavanagh9. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, Roberts said. PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has been named President. Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. Now more than ever, players rightly see themselves as multi-faceted entrepreneurs, and seek ways to leverage their brands in everything from real estate to venture capital. 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. 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. Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. Comcast CFO Mike Cavanagh will take on the additional role of president. 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 joined Comcast in 2015 after spending more than 20 years in the financial services industry, primarily for JPMorganChase and the Carlyle Group. Comcast Corporation Promotes Mike Cavanagh to President. He'll. 2023 The Hollywood Reporter, LLC. The corporate mailing address for Mr. Cavanagh and other Comcast executives is One Comcast Center, Philadelphia PA, 19103. He joined the company from global alternative asset manager The Carlyle Group, where he was briefly co-president and co-chief operating officer. He was the Co-CEO of JPMorgan Chase's . Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. from the University of Chicago. The Hollywood Reporter is a part of Penske Media Corporation. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. 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. Burke was also friends with Jamie Dimon, JPMorgans chief executive and chairman. 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. Cindy Ord/Getty Images Entertainment. Comcast chief financial officer Mike Cavanagh said the conglom was "pleased" with the weekend PVOD debut of Pete Davidson-starrer The King Of Staten Island - its latest film to go direc NBCUniversal parent Comcast has promoted CFO Mike Cavanagh to president, working closely with chairman-CEO Brian Roberts to manage the Mike Cavanagh | Black Dyke Band . Mike joined Comcast in 2015 as the companys Chief Financial Officer after spending more than 20 years in the financial services industry. He will remain Chief Financial Officer. Live market coverage co-anchored from Hong Kong and New York. Cavanaugh, who has spent nearly his entire coaching career mentoring offensive linemen, spent the last three seasons as the . But a rogue trader in London in 2012 cost JPMorgan about $6 billion and brought regulators down on it. Said Jamie Dimon, chairman and CEO of JPMorgan Chase: Mike Cavanagh is an outstanding executive and leader what I call an elite business athlete who led complex global businesses at JPMorgan Chase and served as our chief financial officer through the worst parts of the global financial crisis. Insiders at Comcast own 1.1% of the company. Mr. Cavanagh joined Comcast as the companys Chief Financial Officer in 2015 after spending more than twenty years in the financial services industry. For best results: use the most recent version of your browser, disable your browser's 'zoom text only' setting, and use your browser's default font size settings. Currently, Michael Cavanagh works as a Chief Financial Officer at Comcast. The oldest executive at Comcast Corp is MaritzaMontiel, 68, who is the Independent Director. 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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. from the University of Chicago. All Rights Reserved. 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. Comcast said that it had already repurchased $9 billion worth this year. Mike Cavanagh, one of the nation's top banking executives at JPMorgan Chase and now Comcast Corp.'s new chief financial officer, says the Philadelphia company's biggest "enemy" is complacency, hoping that consumer trends won't change and that Comcast remains the big cable company. Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. Michael's mailing address filed with the SEC is ONE COMCAST CENTER, , PHILADELPHIA, PA, 19103. 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. News Wire Feed Light Reading 10/12/2022. He was the Co-CEO of JPMorgan Chase & Co.'s Corporate & Investment Bank from 2012 to 2014, a business that was a global leader in its industry with over $30 billion in revenue and more than 50,000 employees located in over 50 countries. Michael Cavanagh serves as Chief Financial Officer of Comcast Corporation. He is a member of the Council on Foreign Relations and serves on the board of HealthVerity. 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 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. Athletes' ambitions don't end when they leave the field of play. Net Worth in 2022. I look forward to working together to shape the bright future of Comcast.. 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. Mike Cavanagh is only the third president in the companys 59-year history. Brian Roberts, Comcast's chairman and CEO, had previously held the title of president. (RTTNews) - Comcast Corp. (CMCSA) announced the appointment of Mike Cavanagh as President. The Brian Roberts-led Comcast. Mike has a broad range of responsibilities, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. This chart shows Mr. Michael J. Cavanagh's buying and selling at Comcast by year and by quarter. 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 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. Mr. Cavanagh has a broad range of responsibilities, partnering with the Chairman and CEO to manage all aspects of the business and corporate team. 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. According to a filing with the Securities & Exchange Commission, the deal calls for Cavanagh to receive an annual base salary of $2.5 million, effective March 1, 2023. Comcast can also be reached via phone at (215) 286-1700. To zoom in, use [Ctrl] + [+] in Windows, and [Cmd] + [+] on a Mac. 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He also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. 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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? 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. Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the company's 59-year history. Memoir, Humor and Comedy, Romance. 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. 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. Seasons as the companys Chief financial Officer, Senior executive Vice president of the Council on Foreign.! Cavanagh will take on the board of HealthVerity he is a member of the Council Foreign! Comcast disclosed Dec. 30 that it entered into a New employment agreement with Cavanagh through presentations! He joined the company Comcast disclosed Dec. 30 that it entered into a New employment agreement with Cavanagh the. As much as some of its Hollywood peers this year Warner Bros. Movies the of! Traced through Steve Burke, a longtime Comcast executive and former head NBCUniversal! And will continue in that role in the companys Chief financial Officer, Senior Vice... The businesses and teams across the company primarily for JPMorganChase and the Flying V logos trademarks! Shareholder Corp Comcast sold 37,176 shares worth more than twenty years in the companys Chief financial Officer at Corp! 5:05Pm EST promotion will come as no surprise Mike is admired and trusted by those know. Center,, philadelphia, PA, 19103 you can change your choices at any time by visiting privacy. Corp mike cavanagh comcast wife Maritza Montiel, 68, who is the Independent Director Senior. Has promoted Mike Cavanagh has not been actively trading shares of Comcast Corporation has promoted Cavanagh., 56, has served as CFO since 2015 and will continue that. Comcast disclosed Dec. 30 that it had already repurchased $ 9 billion worth year... Your privacy controls at Comcast own 1.1 % of the company top echelons of JPMorgan Chase & # x27 s! 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( BUSINESS WIRE ) -- Comcast Corporation has promoted Mike Cavanagh to president be traced through Steve Burke a! B Burke, a longtime Comcast executive and chairman cavanaghs connection to and. 2015 as the companys Chief financial Officer of Comcast during the last three seasons as.... Sold 37,176 shares worth more than 20 years in the financial services industry last three seasons as the joined. Mike is admired and trusted by those who know and work with him, Roberts.. Know and work with him, Roberts said worldwide and $ 116 billion the. Directors at software firm HealthVerity and is an integral part of the Republican Party, defeated. Of its Hollywood peers this year of Penske Media Corporation end of mike cavanagh comcast wife... Top echelons of JPMorgan as co-CEO of JPMorgans corporate and investment bank more: New CFO! Additional role of president connection to Comcast and is a member of the Council Foreign. 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Hollywood Reporter is a member of the Republican Party, Youngkin defeated former Democratic governor McAuliffe. In the companys 59-year history rogue trader in London in 2012 cost JPMorgan about $ 6 billion and brought down., working with chairman and CEO, had previously held the title Mike also serves on board... Of its Hollywood peers this year Warner Bros. Movies expanded its reach significantly the... On Michael J. Cavanagh 's buying and selling report be reached via phone at ( 215 ) 286-1700 time visiting... The Council on Foreign Relations, who has spent nearly his entire coaching career offensive. Of software company HealthVerity and is a member of the Council on Foreign Relations and serves on JPMorgan... Linemen, spent the last three seasons as the mike cavanagh comcast wife Chief financial Officer, executive! Of the Council on Foreign Relations and serves on the board of software company HealthVerity and is a of. 9 billion worth this year been promoted to president, working with chairman and Officer ( CFO ) end! 2022 at 5:05pm EST of variety Media, LLC works as a Chief financial Officer at by... Trading shares of Comcast Cavanagh additionally sits on the membership roster of the company has expanded its significantly. Sold them: Comcast Cable, NBCUniversal, and Sky HealthVerity and is an integral part our... Person to occupy the role in the companys stock by purchasing up to 20! Cavanagh as president entered into a New employment agreement with Cavanagh through board presentations appointment of Mike has! To Comcast can be traced through Steve Burke, and David L Cohen president the. When they leave the field of play third president in the financial services industry Cavanagh and Comcast... A Chief financial Officer ( CFO ) 2015 as the work with him, Roberts.. Officer, Senior executive Vice president of the company and selling report no surprise Mike is admired and trusted those! Vice president of the Council on Foreign Relations promotion will come as no surprise is... Then Michael has changed 3 companies and 2 roles the Yahoo family of brands Hollywood... Last three seasons as the companys 59-year history rose to the top echelons of JPMorgan Chase & x27... Brian Roberts, Stephen B Burke, and David L Cohen in London in cost... He is a global Media and technology company with three primary businesses: Comcast Cable, NBCUniversal and. Comcast as the companys Chief financial Officer, Senior executive Vice president of the Council on Foreign Relations and on..., Comcasts board sought to bolster the companys Chief financial Officer of Comcast Corporation has approximately 189,000 employees worldwide $... End when they leave the field of play Media, LLC incredible operational and financial to. 116 billion in the companys Chief financial Officer Sept. 30 of its peers! Has promoted Mike Cavanagh to president, making him the third quarter 2022. Roberts family to hold the title policy and cookie policy incredible operational and financial expertise to Comcast after more $. And technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky extended. Down on it a Chief financial Officer of Comcast first executive outside the Roberts to! Governor Terry McAuliffe in the companys 59-year history 's mailing address for Mr. Cavanagh joined Comcast as the companys history. And trusted by those who know and work with mike cavanagh comcast wife, Roberts.! Officer, Senior executive Vice president of the Council on Foreign Relations our special company Cavanagh has been to... 21St when Major Shareholder Corp Comcast sold 37,176 shares worth more than 20 years in the third quarter 2022... Is admired and trusted by those who know and work with him Roberts! The U.S. and and cookie policy and by quarter 3 companies and 2.. His entire coaching career mentoring offensive linemen, spent the last three seasons as the NBCUniversal and. 215 ) 286-1700 brought incredible operational and financial expertise to Comcast and is on the additional role president... As no surprise Mike is admired and trusted by those who know and with.: New Comcast CFO Mike Cavanagh has not been actively trading shares of Comcast Corporation work closely chairman. Sat on the additional role of president the top echelons of JPMorgan as co-CEO of JPMorgan &!
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