He is also on the board of Yale University and Member of Council on Foreign Relations, Inc. The oldest executive at Comcast Corp is MaritzaMontiel, 68, who is the Independent Director. 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. 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 . Most recently he exercised 53,400 units of CMCSA stock worth $1,956,042 on 17 March 2022. Comcast Corp. has promoted Mike Cavanagh to be the company's third president in its 59-year history. Mike has a broad range of responsibilities, including overseeing all financial functions, corporate development, strategic planning, and corporate administration. 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. Mr. Cavanagh is also a director of Yum! 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 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. Mr. Cavanagh joined Comcast as the companys Chief Financial Officer in 2015 after spending more than twenty years in the financial services industry. Mike came to Comcast after more than 20 years in the financial services industry. Mike has a broad range of responsibilities, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. 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. With his leadership, the company has expanded its reach significantly in the U.S. and globally, Comcast said. Last month, Comcasts board sought to bolster the companys stock by purchasing up to $20 billion in shares as investors sold them. We, Yahoo, are part of the Yahoo family of brands. Comcast Launches 'Free This Week', Increasing Access To Streaming And Premium Network Fare For Xfinity X1 And . 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. 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 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. Michael Cavanagh serves as Chief Financial Officer of Comcast Corporation. 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. He also served as JPMorgan Chases CFO for six years helping steer the company to successfully navigate the financial crisis. Comcast said chief financial officer Mike Cavanagh has been promoted to president, working with chairman and CEO Brian Roberts. 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. Cavanagh serves on the Board of Trustees of Yale University and as chair of its investment committee. 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. Information on this page was last updated on 2/21/2023. 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. He will remain Chief Financial Officer. What's on TV & Streaming Top 250 TV Shows Most Popular TV Shows Browse TV Shows by Genre TV News India TV Spotlight. Mike joined Comcast in 2015 as the companys Chief Financial Officer after spending more than 20 years in the financial services industry. 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,. You can change your choices at any time by visiting your privacy controls. 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). Comcast's insider roster includes Kenneth Bacon (Director), Kenneth Bacon (Director), Stephen Burke (EVP), Michael Cavanagh (Sr. EVP & CFO ), David Cohen (EVP), Maritza Montiel (Director), Daniel Murdock (CAO), Brian Roberts (CEO), Jeff Shell (CEO), Neil Smit (EVP), and David Watson (CEO). 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. (RTTNews) - Comcast Corp. (CMCSA) announced the appointment of Mike Cavanagh as President. While Comcast stock price hasnt fallen as much as some of its Hollywood peers this year Warner Bros. Why? Learn More on Michael J. Cavanagh's contact information. Subscribe for full access to The Hollywood Reporter, The former banker is "only the third president in the companys 59-year history.". Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. Mike joined the company seven years ago . 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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. 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. Insiders at Comcast own 1.1% of the company. 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. Sky is one of Europe's leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. He was Co-CEO of JPMorgan Chase's Corporate & Investment Bank from 2012 to 2014, a global leader in its. All Rights Reserved. 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. Michael Cavanagh serves as President and Chief Financial Officer of Comcast Corporation. 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. 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. 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. TV Shows. 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. 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. Michael's mailing address filed with the SEC is ONE COMCAST CENTER, , PHILADELPHIA, PA, 19103. According to ZoomInfo records, Michael Cavanagh's professional experience began in 2021. Learn More on Michael J. Cavanagh's trading history. 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. 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. 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Comcast Corporation has approximately 189,000 employees worldwide and $116 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. He will remain Chief Financial Officer. Mike came to Comcast after more than 20 years in the financial services industry. Public Records. Mike will be only the third President in the companys 59-year history. Markets never sleep, and neither does Bloomberg. 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. October 12, 2022. 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. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. We have exceptional businesses with world-class executives in Dana, Dave, and Jeff and Im proud to call them my partners. He will remain Chief Financial Officer. He is the first executive outside the Roberts family to hold the title. 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. 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. He serves on the Board of Trustees of Yale and is Chairman of its Investment Committee, which has more than $40 billion under management. In 2019 we welcomed three new members to our board, including a new representative of the Free Library of Philadelphia Foundation Board of Directors. The Media segment consists of NBCUniversal's television and streaming platforms, including national, regional, and international cable networks. Find out more about how we use your information in our privacy policy and cookie policy. He will remain chief financial officer. Burke sat on the JPMorgan board and knew Cavanagh through board presentations. There are 1 executives at Comcast Corp getting paid more, with BrianRoberts having the highest compensation of $36,370,200. . It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. The company will report its full . The most active insiders traders include Brian L Roberts, Stephen B Burke, and David L Cohen. Cavanagh will remain on as CFO, and with this promotion, he will also work closely with Comcast's Chairman and CEO Brian Roberts to manage the . 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. Mike has a broad range of responsibilities, including overseeing all financial functions, corporate development, strategic planning, and corporate administration. He also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. Subscribe for full access to The Hollywood Reporter. Comcast reported revenue of $116.4 billion for fiscal year 2021. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry, primarily for JPMorganChase and the Carlyle Group. The Brian Roberts-led Comcast disclosed Dec. 30 that it entered into a new employment agreement with Cavanagh through the end of 2027. BREAKING: Tiny biotech successfully treats blindness. 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. 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. Michael J. Cavanagh serves as Chief Financial Officer, Senior Executive Vice President of the Company. It also provides communications services, including residential high-speed internet, phone, and wireless services. Cavanagh, also the companys chief financial officer, has not been appointed to the board. 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. 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 . You can see the complete history of Mr. Cavanagh stock trades at the bottom of the page. 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. Prior to entering politics, he spent 25 years at the private-equity firm the Carlyle Group . Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, Roberts said. 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 June 2016. edit data. They peaked in August 2021 at about $60 a share. Track your investments 24 hours a day, around the clock from around the world. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. To zoom in, use [Ctrl] + [+] in Windows, and [Cmd] + [+] on a Mac. Mike Cavanagh is now in his sixties and has no idea how that happened. He will continue to serve as chief financial. Mr. Cavanagh has served as the Chief Financial Officer of Comcast Corporation since July 2015. Burke and Dimon attended Harvard Business School together, graduating in 1982. 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'll only be the third executive to hold that title in the company's 59-year history, Comcast noted, and will also remain chief . from Yale University and a J.D. New Comcast CFO says company must avoid complacency. As of 17 March 2022 he still owns at least 98,709 units of Comcast Corp stock. from the University of Chicago. The prices in other telecom and entertainment companies, among them Verizon, Walt Disney and Netflix, have also declined. Comcast said on Wednesday that it has promoted chief financial officer Mike Cavanagh to the added role of president. We hope you'll join us in welcoming them to the board and The Rosenbach community. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Cavanaugh, who has spent nearly his entire coaching career mentoring offensive linemen, spent the last three seasons as the . Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. There are 18 older and 3 younger executives at Comcast Corp. Show all results. Michael Cavanagh is 54, he's been the Chief Financial Officer and Senior Executive Vice President of Comcast Corp since 2015. Previously, Cavanagh was CEO of the firm's Treasury & Securities Services division, 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. In the last twelve months, insiders at the cable giant sold shares 8 times. He was the Co-CEO of JPMorgan Chase's . The chief financial officer of the Philadelphia-headquartered conglomerate was given additional duties in October. 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. 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. Michael J. Cavanagh works as Chief Financial Officer at Comcast Corporation. The Hollywood Reporter is a part of Penske Media Corporation. Prior to that, he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. 2023 Variety Media, LLC. Mr. Cavanagh earned a B.A. Since then Michael has changed 3 companies and 2 roles. Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. Learn More about insider trades at Comcast. What Could Elon Musk Possibly Be Thinking? 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 Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has been named President. Mike earned a B.A. 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. 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. 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.