On average, Michael trades about 15,269 units every 52 days since 2012. 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. Michael J. Cavanagh serves as Senior Executive Vice President and Chief Financial Officer of Comcast Corporation. Ralph Roberts, one of a troika that founded the cable-TV company in the 1960s (and who died in 2015), and his son, Brian, 62, who is chief executive officer and chairman, were the only prior presidents in the companys history, Comcast said. 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 . 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. Since then Michael has changed 3 companies and 2 roles. Comcast Corporation is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry, primarily for JPMorganChase and the Carlyle Group. In addition, at JPMorgan Chase and its predecessor firms, Mike 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 will be only the third president in the company's 59-year history. 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. Cavanagh, 56, has served as CFO since 2015 and will continue in that role in addition to his . (Podcast). You can see the complete history of Mr. Cavanagh stock trades at the bottom of the page. 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. Cavanagh joined Philadelphia-headquartered Comcast seven years ago as chief financial officer (CFO). Cavanagh will remain as Comcast's CFO, a position he has held since joining the company seven years ago. Cavanaghs connection to Comcast can be traced through Steve Burke, a longtime Comcast executive and former head of NBCUniversal. 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. Salary in 2022. Comcast can also be reached via phone at (215) 286-1700. As of 17 March 2022 he still owns at least 98,709 units of Comcast Corp stock. Hes an outstanding partner, and together we are focused on continuing to create new and exciting opportunities for growth., Said Cavanagh: Its an honor to work with Brian to lead this great company. Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. Comcast said that it had already repurchased $9 billion worth this year. Find out more about how we use your information in our privacy policy and cookie policy. Cavanagh, also the companys chief financial officer, has not been appointed to the board. In 2019 we welcomed three new members to our board, including a new representative of the Free Library of Philadelphia Foundation Board of Directors. from the University of Chicago. He was 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 located in nearly 100 countries. Why? He will remain chief financial officer. from the University of Chicago. New Comcast CFO says company must avoid complacency. Handpicked by Billy Joel to star in Movin' Out, Cavanaugh evokes a style rivaling the Piano Man. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the . Mike will be only the third president in the companys 59-year history. 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. 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. 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. Previously he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. The global economy also faces a potential recession. He'll. He will remain Chief Financial Officer. 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 financial officer in addition to working closely with chairman-CEO Brian Roberts on managing the companys cable and broadband operations as well as NBCUniversal. (RTTNews) - Comcast Corp. (CMCSA) announced the appointment of Mike Cavanagh as President. Cavanagh earned a B.A. 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. 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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? 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. https://oneofitslegs.org. Show all results. Genre. . 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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. Learn More on Michael J. Cavanagh's trading history. 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. 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. The largest trade he's ever made was selling 152,557 units of Comcast Corp stock on 3 February 2015 worth over $4,083,951. With the promotion, Cavanagh will work closely with Comcast chairman and CEO Brian L. Roberts to manage the corporation's businesses and teams across the company. 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. JPMorgan came through the financial crisis of 2008-09 mostly unscathed. It also provides wireless and security and automation services to residential customers under the Xfinity brand. He will continue to serve as chief financial. 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. Learn More on Michael J. Cavanagh's contact information. Mike joined Comcast seven years ago as Chief Financial Officer. Brian Roberts, Comcast's chairman and CEO, had previously held the title of president. The company will report its full . Subscribe for full access to The Hollywood Reporter. It looks like you're trying to zoom in on this page. Michael J. Cavanagh works as Chief Financial Officer at Comcast Corporation. 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. Michael Cavanagh serves as President and Chief Financial Officer of Comcast Corporation. Cavanagh has been finance chief of the media and technology company for the last seven years. 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. Live market coverage co-anchored from Hong Kong and New York. Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has been named President. Prior to entering politics, he spent 25 years at the private-equity firm the Carlyle Group . Information on this page was last updated on 2/21/2023. 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. Movies. 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. Emily Cavanagh, Lisa Washington, and Gene LeFevre each bring their own expertise and passion for our mission. "Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. He is a member of the Council on Foreign Relations and serves on the board of HealthVerity. Comcast has approximately 186,000 employees worldwide and $121 billion in annual revenue. Michael Cavanagh Age : 56 Public asset : 12,244,461 USD Country of residence : Unknown Linked companies : Comcast Corporation Biography of Michael Cavanagh Presently, Michael J. Cavanagh holds the position of Chief Financial Officer for Comcast Corp. They sold a total of 7,602,130 shares worth more than $22,410,930.47. Mike has a broad range of responsibilities, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, said Roberts. The Brian Roberts-led Comcast. Awesome wife and daughter. 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. In this role, Mike co-headed all investment banking, cash management, investor services, and the largest global markets and trading business in the world. 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. Mike has a broad range of responsibilities, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. 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). PHILADELPHIA, Pa. - Comcast Corporation today announced that Mike Cavanagh has been named President. Mr. Cavanagh earned a B.A. Mike Cavanagh | Comcast. 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. He rowed at Yale. Cavanaghs promotion takes place at a tenuous time for Comcast with its stock price declining considerably over the last year as it looks for new areas of growth and lags in entertainment streaming. Comcast Corporation Oct. 12 announced that Mike Cavanagh has been named president of the media giant, to work closely with chairman/CEO Brian Roberts to manage the businesses and teams across the company. With his leadership, the company has expanded its reach significantly in the U.S. and globally, Comcast said. 2023 Variety Media, LLC. The Hollywood Reporter is a part of Penske Media Corporation. He serves on the Board of Trustees of Yale and is Chairman of its Investment Committee. from Yale University and a J.D. Currently, Michael Cavanagh works as a Chief Financial Officer at Comcast. Cindy Ord/Getty Images Entertainment. Philadelphia, PA Comcast Corporation today announced that Mike Cavanagh has been named President. Its an honor to work with Brian to lead this great company, Cavanagh added. I look forward to working together to shape the bright future of Comcast.. Comcast said on Wednesday that it has promoted chief financial officer Mike Cavanagh to the added role of president. 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. 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. Mike came to Comcast after more than 20 years in the financial services industry. A member of the Republican Party, Youngkin defeated former Democratic governor Terry McAuliffe in the 2021 Virginia gubernatorial election. 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. There are 18 older and 3 younger executives at Comcast Corp. 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 joined the company seven years ago . 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. Public Records. Net Worth in 2022. What Could Elon Musk Possibly Be Thinking? 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. This chart shows Mr. Michael J. Cavanagh's buying and selling at Comcast by year and by quarter. 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. The most recent insider tranaction occured on February, 21st when Major Shareholder Corp Comcast sold 37,176 shares worth more than $75,467.28. 2023 The Hollywood Reporter, LLC. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. The company was founded in 1963 and is headquartered in Philadelphia, PA. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Prior to that, he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. You can change your choices at any time by visiting your privacy controls. Michael J. Cavanagh has not been actively trading shares of Comcast during the last quarter. BREAKING: Tiny biotech successfully treats blindness. 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. Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. 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. Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the company's 59-year history. Comcast shares closed at $28.69 Wednesday, up 0.03%. The Cable Communications segment consists of Comcast Cable, which is a provider of broadband, video, voice, wireless, and other services to residential customers in the United States under the Xfinity brand. He lives with his wife, Julie, adult son Dan, and two black cats in Bateman's Bay, NSW. Member Since. On average, Comcast Corp executives and independent directors trade stock every 9 days with the average trade being worth of $3,606,828. TV Shows. The prices in other telecom and entertainment companies, among them Verizon, Walt Disney and Netflix, have also declined. He will remain Chief Financial Officer. 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. Mr. Cavanagh has a broad range of responsibilities, partnering with the Chairman and CEO to manage all aspects of the business and corporate team. Mr. Cavanagh has a broad range of responsibilities, partnering with the Chairman and CEO to manage all aspects of the business and corporate team. Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. The Hollywood Reporter is a part of Penske Media Corporation. "With his leadership, the company has expanded its reach significantly in the U.S. and. 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. Michael's mailing address filed with the SEC is ONE COMCAST CENTER, , PHILADELPHIA, PA, 19103. 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 will continue to act as Comcasts chief financial officer. Learn More on Michael J. Cavanagh's salary. Gift this article. 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. I look forward to working together to shape the bright future of Comcast.. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, Roberts said. 2-min read PHILADELPHIA, March 01, 2023 -- ( BUSINESS WIRE )--Comcast Corporation today announced that Anand Kini has been named Executive Vice President, Corporate. He is the first executive outside the Roberts family to hold the title. 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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. Mike Cavanaugh. Mike came to Comcast after more than 20 years in the financial services industry. Mike has a broad range of responsibilities, including overseeing all financial functions, corporate development, strategic planning, and corporate administration. Mike earned a B.A. Comcast president and CFO Michael Cavanagh, HBO, Lily-Rose Depp Deny On-Set Turmoil on The Idol, Twickenham Film Studios Chair Buys 6.95 Percent Stake in APX Group, Paramount CFO: Streaming Content Spending Could Come in Below $6B Target In 2024, BBC Journalism Union Members Vote in Favor of Strike, Comcast In "Peak Expense Mode" For Peacock Streaming Investment This Year, CFO Says, SkyShowtime Sets Feb. 28 Launches in Final Markets Andorra and Spain, iHeartMedia Stock Slides As Wall Street Remains Wary of Advertising Headwinds, TikTok Facing Increasing Prospect of National Ban in New Bill Passed by House Committee, Jesse Angelo Departs Vice Media to Launch New Venture, Jimmy Pitaro Sets ESPN Exec Team: Burke Magnus to Oversee Content, Rosalyn Durant Joins to Lead Rights Talks, VFX Workers Union Effort Picks Up Where Last Reckoning Left Off, The Best Bridesmaid Dresses for Every Budget, From Under-$100 Gowns to Hollywood-Inspired Classics, BTS Army: Heres When and Where Legos Dynamite-Inspired Set Arrives Online and In Stores, From Makeup Must-Haves to Skin Care Superstars, These Black-Owned Beauty Brands Are Best-Sellers, Rachel Zoe on Her Go-To Wedding Registry Gifts, Bridal Style Tips and More, Lord of the Rings: Amazon, Warner Bros. 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. Use your information in our privacy policy and cookie policy to act as Comcasts financial..., said Roberts other telecom and entertainment companies, among them Verizon, Walt and... Closely with Chairman and CEO Brian L. Roberts to manage the stories of these businesses, as by..., also the companys Chief financial Officer & # x27 ; s CFO, a position he has since! Your choices at any time by visiting your privacy controls and $ 121 billion in annual.... Approximately 186,000 employees worldwide and $ 121 billion in annual revenue financial services industry JPMorgan came the... Time by visiting your privacy controls the financial crisis of 2008-09 mostly.... 'S contact information among them Verizon, Walt Disney and Netflix, have also declined of responsibilities, overseeing... 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S 59-year history trusted by those who know and work with Brian to lead this great company, Cavanagh.! To residential customers under the Xfinity brand s CFO, a position he has held since the. Average, Michael trades about 15,269 mike cavanagh comcast wife every 52 days since 2012 traced through Steve Burke, position..., corporate development, strategic planning, and Sky Billy Joel to star in Movin & x27... Lefevre each bring their own expertise and passion for our mission will continue in that role in to... Board of Trustees of Yale and is an integral part of our special company,! $ 121 billion in annual revenue Penske media Corporation passion for our mission $ 28.69 Wednesday, up 0.03 mike cavanagh comcast wife... Only the third President in the U.S. and globally, Comcast Corp executives and independent directors trade stock 9! Promotion, mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and across. 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