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. 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. (RTTNews) - Comcast Corp. (CMCSA) announced the appointment of Mike Cavanagh as President. According to ZoomInfo records, Michael Cavanagh's professional experience began in 2021. With this promotion, Mike will work closely with Chairman and. 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 CFO Mike Cavanagh will take on the additional role of president. Michael Cavanagh is 54, he's been the Chief Financial Officer and Senior Executive Vice President of Comcast Corp since 2015. 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 . 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). Mike joined Comcast in 2015 as the companys Chief Financial Officer after spending more than 20 years in the financial services industry. The Brian Roberts-led Comcast disclosed Dec. 30 that it entered into a new employment agreement with Cavanagh through the end of 2027. Cavanagh said in a statement that he looks forward to working together to shape the bright future of Comcast. He was compensated $27.4 million last year. Athletes' ambitions don't end when they leave the field of play. Mike came to Comcast after more than 20 years in the financial services industry. Comcast Corporation (NASDAQ:CMCSA) announced that current CFO Mike Cavanagh has been also named President.Mike will be the third President in the company's . Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. Why? To zoom out, use the keyboard shortcut [Ctrl] + [-] in Windows and [Cmd] + [-] on a Mac. Cavanagh earned a B.A. from the University of Chicago. 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. On average, Michael trades about 15,269 units every 52 days since 2012. 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 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. Beginning early this summer, Cavanagh, 50, will replace the company's current CFO, Michael Angelakis, who will head up Comcast's new company focused on investing in and operating growth-oriented companies. 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. The corporate mailing address for Mr. Cavanagh and other Comcast executives is One Comcast Center, Philadelphia PA, 19103. Two other adult children, left home eventually, complete the extended menagerie. $1 Million - $5 Million. Comcast can also be reached via phone at (215) 286-1700. 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 Genre. Mike has a broad range of responsibilities, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. New Comcast CFO says company must avoid complacency. Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. The oldest executive at Comcast Corp is MaritzaMontiel, 68, who is the Independent Director. 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. The Brian Roberts-led Comcast. 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. He joined the company from global alternative asset manager The Carlyle Group, where he was briefly co-president and co-chief operating officer. 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. He rowed at Yale. This information is according to proxy statements filed for the 2021 fiscal year. Mike has a broad range of responsibilities, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. from Yale University and a J.D. Oct. 12, 2022, 08:24 AM. Mr. Cavanagh joined Comcast as the companys Chief Financial Officer in 2015 after spending more than twenty years in the financial services industry. 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. 2023 Variety Media, LLC. Emily Cavanagh, Lisa Washington, and Gene LeFevre each bring their own expertise and passion for our mission. 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. Learn More on Michael J. Cavanagh's contact information. Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. Comcast reported revenue of $116.4 billion for fiscal year 2021. He also serves on the board of software company HealthVerity and is a member of the Council on Foreign Relations. 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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. 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. In this role, Mike co-headed all investment banking, cash management, investor services and the largest global markets and trading business in the world. Learn More on Michael J. Cavanagh's contact information. We hope you'll join us in welcoming them to the board and The Rosenbach community. Comcast, the biggest publicly traded company based in Philadelphia with about 8,000 employees downtown, faces new competition in its bread-and-butter broadband business with wireless competitors offering 5G wireless internet to homes. Michael Cavanagh is 54, he's been the Chief Financial Officer and Senior Executive Vice President of Comcast Corp since 2015. 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. We, Yahoo, are part of the Yahoo family of brands. https://oneofitslegs.org. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, Roberts said. 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. Michael Cavanagh Work Experience and Education. We have exceptional businesses with world-class executives in Dana, Dave, and Jeff and Im proud to call them my partners. 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. With this promotion, Mike will work closely with chairman and CEO Brian L. Roberts to manage the businesses and teams across the company, it said. It looks like you're trying to zoom in on this page. 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. 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. from Yale University and a J.D. He is the first executive outside the Roberts family to hold the title. Michael J. Cavanagh serves as Senior Executive Vice President and Chief Financial Officer of Comcast Corporation. It also provides wireless and security and automation services to residential customers under the Xfinity brand. By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. Comcast said that it had already repurchased $9 billion worth this year. Comcast named Michael J. Cavanagh as its chief financial officer Monday. Comcast Corporation (NASDAQ: CMCSA) on Oct. 12 announced that its present chief financial officer, Mike Cavanagh, has been named president of the company. At Yale, he served as a non-trustee member of the Yale Corporation Committee on Investments before being appointed chairman of the committee. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. Mr. Cavanagh was appointed a successor trustee in 2020. 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. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. from the University of Chicago. Michael J. Cavanagh works as Chief Financial Officer at Comcast Corporation. Prior to this, he served as the Co-President and Co-Chief Operating Officer of Carlyle Group Management L.l.c., until May 8, 2015. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Before that he was co-CEO of JPMorgan Chases Corporate & Investment Bank from 2012 to 2014. Units every 52 days since 2012 ll join us in welcoming them to board... 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