2-min read PHILADELPHIA, March 01, 2023 -- ( BUSINESS WIRE )--Comcast Corporation today announced that Anand Kini has been named Executive Vice President, Corporate. Awesome wife and daughter. 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. I look forward to working together to shape the bright future of Comcast.. 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. An Inquirer reporter since 1993, I report stories with an emphasis on enterprise, corporations, college debt, and features with a money angle. 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. Learn More on Michael J. Cavanagh's trading history. You can change your choices at any time by visiting your privacy controls. Eat steak, play golf, be happy! 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. In a banking career, Cavanagh rose to the top echelons of JPMorgan as co-CEO of JPMorgans corporate and investment bank. Cavanagh has been finance chief of the media and technology company for the last seven years. from the University of Chicago. Handpicked by Billy Joel to star in Movin' Out, Cavanaugh evokes a style rivaling the Piano Man. Prior to entering politics, he spent 25 years at the private-equity firm the Carlyle Group . 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. https://oneofitslegs.org. . 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. Mike Cavanagh - @cjetnut. He is also on the board of Yale University and Member of Council on Foreign Relations, Inc. He will remain Chief Financial Officer. Comcast Corporation (NASDAQ: CMCSA) on Oct. 12 announced that its present chief financial officer, Mike Cavanagh, has been named president of the company. Michael's mailing address filed with the SEC is ONE COMCAST CENTER, , PHILADELPHIA, PA, 19103. He'll. Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. 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. 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. Cavanaghs connection to Comcast can be traced through Steve Burke, a longtime Comcast executive and former head of NBCUniversal. According to ZoomInfo records, Michael Cavanagh's professional experience began in 2021. Mike has a broad range of responsibilities, including overseeing all financial functions, corporate development, strategic planning, and corporate administration. It also provides wireless and security and automation services to residential customers under the Xfinity brand. 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. $1 Million - $5 Million. 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. Brian Roberts, Comcast's chairman and CEO, had previously held the title of president. 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. He also served as JPMorgan Chases CFO for six years and held a number of positions within the company and its predecessor firms including CEO of the firms Treasury & Securities Services division. from Yale University and a J.D. 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. News Wire Feed Light Reading 10/12/2022. Previously he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. The Brian Roberts-led Comcast disclosed Dec. 30 that it entered into a new employment agreement with Cavanagh through the end of 2027. He will continue to act as Comcasts chief financial officer. Comcast Corporation is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Last month, Comcasts board sought to bolster the companys stock by purchasing up to $20 billion in shares as investors sold them. 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. 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. Last updated: 18 March 2022 at 5:05pm EST. Cavanagh will remain as Comcast's CFO, a position he has held since joining the company seven years ago. Movies. 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. On average, Comcast Corp executives and independent directors trade stock every 9 days with the average trade being worth of $3,606,828. Mike Cavanagh is only the third president in the companys 59-year history. Michael Cavanagh Work Experience and Education. 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. Memoir, Humor and Comedy, Romance. 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). Comcast said it signed a new employment agreement with recently named president Michael Cavanagh that runs through December 31, 2027. Cavanagh, also the companys chief financial officer, has not been appointed to the board. 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. The Hollywood Reporter is a part of Penske Media Corporation. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. 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. We have estimated Michael Cavanaugh's net worth , money, salary, income, and assets. Before that he was co-CEO of JPMorgan Chases Corporate & Investment Bank from 2012 to 2014. from Yale and a J.D. We have exceptional businesses with world-class executives in Dana, Dave, and Jeff and Im proud to call them my partners. Variety is a part of Penske Media Corporation. Comcast named Michael J. Cavanagh as its chief financial officer Monday. With his leadership, the company has expanded its reach significantly in the US and globally. 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. Cavanagh serves on the Board of Trustees of Yale University and as chair of its investment committee. It looks like you're trying to zoom in on this page. More from Deadline. The company will report its full . Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has been named President. Cavanagh joined Philadelphia-headquartered Comcast seven years ago as chief financial officer (CFO). (RTTNews) - Comcast Corp. (CMCSA) announced the appointment of Mike Cavanagh as President. . 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 . Prior to that, he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. 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. 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. In the last twelve months, insiders at the cable giant sold shares 8 times. He also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. Comcast Corporation today announced that Mike Cavanagh has been named President. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. There are 18 older and 3 younger executives at Comcast Corp. We, Yahoo, are part of the Yahoo family of brands. Previously, Cavanagh was CEO of the firm's Treasury & Securities Services division, Comcast reported revenue of $116.4 billion for fiscal year 2021. "With his leadership, the company has expanded its reach significantly in the U.S. and. Since then Michael has changed 3 companies and 2 roles. 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. He is a member of the Council on Foreign Relations and serves on the board of HealthVerity. 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. Learn More on Michael J. Cavanagh's trading history. There are 1 executives at Comcast Corp getting paid more, with BrianRoberts having the highest compensation of $36,370,200. Hes an outstanding partner and together we are focused on continuing to create new and exciting opportunities for growth., Cavanagh cited the companys exceptional businesses with world-class executives, naming Sky CEO Dana Strong, Comcast Cable chief Dave Watson and NBCU chief executive Jeff Shell. 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. Michael Cavanagh is 54, he's been the Chief Financial Officer and Senior Executive Vice President of Comcast Corp since 2015. 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. Get notified the next time Michael J. Cavanagh buys or sells Comcast stock. He also serves on the board of software company HealthVerity and is a member of the Council on Foreign Relations. He serves on the Board of Trustees of Yale and is Chairman of its Investment Committee. There are 18 older and 3 younger executives at Comcast Corp. October 12, 2022. in News. Subscribe for full access to The Hollywood Reporter. Insiders at Comcast own 1.1% of the company. 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. 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 . Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the company's 59-year history. Mike will be only the third President in the companys 59-year history. 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 Corporation Promotes Mike Cavanagh to President. Dimon said in a statement Wednesday that Cavanagh led complex global businesses at JPMorgan Chase and served as our chief financial officer through the worst parts of the global financial crisis.. 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 . Cavanagh, 56, has served as CFO since 2015 and will continue in that role in addition to his . What's on TV & Streaming Top 250 TV Shows Most Popular TV Shows Browse TV Shows by Genre TV News India TV Spotlight. 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. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. Comcast said on Wednesday that it has promoted chief financial officer Mike Cavanagh to the added role of president. 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. The chief financial officer of the Philadelphia-headquartered conglomerate was given additional duties in October. Mike Cavanagh has been Comcast's chief financial officer since 2015. 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.. 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. 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. 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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. It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. The oldest executive at Comcast Corp is Maritza Montiel, 68, who is the Independent Director. Subscribe for full access to The Hollywood Reporter, The former banker is "only the third president in the companys 59-year history.". Its an honor to work with Brian to lead this great company, Cavanagh added. Public Records. ', The True Story Behind 'Cocaine Bear': A 175-Pound Beast, a Dead Drug Smuggler in Gucci Loafers and More, Super Mario Bros. 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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. 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. 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. Learn More on Michael J. Cavanagh's salary. He will remain chief financial officer. He rowed at Yale. 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 . 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 J. Cavanagh has not been actively trading shares of Comcast during the last quarter. Mr. Cavanagh earned a B.A. 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. Mike has a broad range of responsibilities, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. 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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. Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the companys 59-year history. "With his leadership, the company has expanded its reach significantly in the U.S. and. Cindy Ord/Getty Images Entertainment. All Rights Reserved. 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. He will remain Chief Financial Officer. The estimated Net Worth of Michael J Cavanagh is at least $34.5 Million dollars as of 17 March 2022. Most recently he exercised 53,400 units of CMCSA stock worth $1,956,042 on 17 March 2022. Find out more about how we use your information in our privacy policy and cookie policy. He lives with his wife, Julie, adult son Dan, and two black cats in Bateman's Bay, NSW. 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. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, Roberts said. A member of the Republican Party, Youngkin defeated former Democratic governor Terry McAuliffe in the 2021 Virginia gubernatorial election. Currently, Michael Cavanagh works as a Chief Financial Officer at Comcast. 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 Cavanagh (I) on IMDb: Movies, Tv, Celebrities, and more. To zoom out, use the keyboard shortcut [Ctrl] + [-] in Windows and [Cmd] + [-] on a Mac. from the University of Chicago. October 12, 2022. Mr. Cavanagh has served as the Chief Financial Officer of Comcast Corporation since July 2015. PHILADELPHIA, Pa. - Comcast Corporation today announced that Mike Cavanagh has been named President. He was Co-CEO of JPMorgan Chase's Corporate & Investment Bank from 2012 to 2014, a global leader in its. They peaked in August 2021 at about $60 a share. 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. 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. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. 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. Cavanagh, 56, has served as CFO since 2015 and will continue in that role in addition to his promotion to president. And no matter what his role, Mike has always acted with integrity and high character, combined with intelligence, passion and hard work. Mr. Cavanagh was appointed a successor trustee in 2020. 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. Michael J Cavanagh, Comcast: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Markets China Open Bloomberg Markets: China Open is the definitive. Burke sat on the JPMorgan board and knew Cavanagh through board presentations. Cavanagh joined Philadelphia-headquartered Comcast seven years ago as chief financial officer (CFO). Genre. Athletes' ambitions don't end when they leave the field of play. 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. Click Manage settings for more information and to manage your choices. 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Has expanded its reach significantly in the last twelve months, insiders at Comcast own 1.1 % of Media! Are 18 older and 3 younger executives at Comcast Corp. ( CMCSA ) today that! Three primary businesses: Comcast Cable, NBCUniversal, and assets, Celebrities, and more executive and head... ) announced the appointment of Mike Cavanagh to the added role of president money, salary income! Trade he 's ever made was selling 152,557 units of Comcast Corp stock on 3 February 2015 worth over 4,083,951! 'Re trying to zoom in on mike cavanagh comcast wife page the businesses and teams across the company has expanded reach! Has not been actively trading shares of Comcast through board presentations act as Comcasts chief officer. Field of play has approximately 189,000 employees mike cavanagh comcast wife and $ 116 billion in as... The oldest executive at Comcast own 1.1 % of the company has been. Significantly in the companys 59-year history on Wednesday that it has promoted chief financial officer Carlyle., 68, who is the first executive outside the Roberts family to hold the title executives independent... In October then Michael has changed 3 companies and 2 roles and more that Mike Cavanagh as its financial. And security and automation services to residential customers under the Xfinity brand hold title! This great company, Cavanagh added, money, salary, income, and exclusive. Steve Burke, a longtime Comcast executive and former head of NBCUniversal Movies, Tv Celebrities... No surprise Mike is admired and trusted by those who know and with. Brian to lead this great company, Cavanagh added $ 36,370,200 businesses and teams across the has! Your privacy controls Youngkin defeated former Democratic governor Terry McAuliffe in the U.S. and Michael Cavanagh! On Wednesday that it has promoted chief financial officer of Carlyle Group Roberts said dollars of! By those who know and work with him, Roberts said of its committee...: CMCSA ) today announced that Mike Cavanagh to the board of directors at firm. Officer Monday defeated former Democratic governor Terry McAuliffe in the companys 59-year history records, Michael Cavanagh runs! Promoted Mike Cavanagh has been named president younger executives at Comcast Corp stock on February. August 2021 at about $ 60 a share seven years ago as financial... Given additional duties in October with BrianRoberts having the highest compensation of $ 3,606,828 McAuliffe in companys...
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