In 2019 we welcomed three new members to our board, including a new representative of the Free Library of Philadelphia Foundation Board of Directors. 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. Mr. Cavanagh earned a B.A. 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. JPMorgan came through the financial crisis of 2008-09 mostly unscathed. (RTTNews) - Comcast Corp. (CMCSA) announced the appointment of Mike Cavanagh as President. The Brian Roberts-led Comcast disclosed Dec. 30 that it entered into a new employment agreement with Cavanagh through the end of 2027. The company was founded in 1963 and is headquartered in Philadelphia, PA. Bloomberg Daybreak Asia. It looks like you're trying to zoom in on this page. Cavanagh serves on the Board of Trustees of Yale University and as chair of its investment committee. 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. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Find out more about how we use your information in our privacy policy and cookie policy. Philadelphia, PA Comcast Corporation today announced that Mike Cavanagh has been named President. While Comcast stock price hasnt fallen as much as some of its Hollywood peers this year Warner Bros. He lives with his wife, Julie, adult son Dan, and two black cats in Bateman's Bay, NSW. Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. October 12, 2022. PHILADELPHIA, Pa. - Comcast Corporation today announced that Mike Cavanagh has been named President. 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. Mike has a broad range of responsibilities, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. . Information on this page was last updated on 2/21/2023. 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). Variety is a part of Penske Media Corporation. Most recently he exercised 53,400 units of CMCSA stock worth $1,956,042 on 17 March 2022. 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. 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. 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. Discovery fell 60 percent since the combined firm started trading, Netflix dropped 50 percent, Disney fell 44 percent the media and cable conglomerate fell 31 percent over the course of 2022. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Mike has a broad range of responsibilities, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. Comcast Launches 'Free This Week', Increasing Access To Streaming And Premium Network Fare For Xfinity X1 And . In a banking career, Cavanagh rose to the top echelons of JPMorgan as co-CEO of JPMorgans corporate and investment bank. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. The global economy also faces a potential recession. 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 Cavanagh | Comcast. 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. Cavanagh has been finance chief of the media and technology company for the last seven years. Comcast named Michael J. Cavanagh as its chief financial officer Monday. Mike Cavanagh has been Comcast's chief financial officer since 2015. Variety and the Flying V logos are trademarks of Variety Media, LLC. He also served as JPMorgan Chases CFO for six years helping steer the company to successfully navigate the financial crisis. Mr. Cavanagh joined Comcast as the companys Chief Financial Officer in 2015 after spending more than twenty years in the financial services industry. Eat steak, play golf, be happy! from Yale and a J.D. New Comcast CFO says company must avoid complacency. He will continue to serve as chief. from Yale University and a J.D. Comcast has approximately 186,000 employees worldwide and $121 billion in annual revenue. Enter your email address below to get our daily insider buying and selling report. 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. 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 . 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. from the University of Chicago. Gift this article. Michael J. Cavanagh serves as Chief Financial Officer, Senior Executive Vice President of the Company. I look forward to working together to shape the bright future of Comcast.. TV Shows. The Brian Roberts-led Comcast. Mr. Cavanagh has served as the Chief Financial Officer of Comcast Corporation since July 2015. Learn More on Michael J. Cavanagh's contact information. 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. . He is also on the board of Yale University and Member of Council on Foreign Relations, Inc. 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. In the last twelve months, insiders at the cable giant sold shares 8 times. 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. Cavanagh will be only the third president in the company's 59-year history. Since then Michael has changed 3 companies and 2 roles. Mike Cavanaugh. 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. This chart shows Mr. Michael J. Cavanagh's buying and selling at Comcast by year and by quarter. More from Deadline. 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,. We hope you'll join us in welcoming them to the board and The Rosenbach community. 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. Mike joined the company seven years ago . With this promotion, Mike will work closely with . He will remain Chief Financial Officer. Comcast Corp. has promoted Mike Cavanagh to be the company's third president in its 59-year history. The Hollywood Reporter is a part of Penske Media Corporation. Comcast president and CFO Michael Cavanagh, HBO, Lily-Rose Depp Deny On-Set Turmoil on The Idol, Chefs Table Label Boardwalk Pictures Sells Minority Stake to Private Equity Firm, LeBron James and Maverick Carters SpringHill Cuts Staff In Reorganization, 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, Twickenham Film Studios Chair Buys 6.95 Percent Stake in APX Group, 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. Mike joined Comcast in 2015 as the companys Chief Financial Officer after spending more than 20 years in the financial services industry. 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. Burke was also friends with Jamie Dimon, JPMorgans chief executive and chairman. Learn More on Michael J. Cavanagh's salary. Comcast Corporation is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. We, Yahoo, are part of the Yahoo family of brands. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. 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. He rowed at Yale. They peaked in August 2021 at about $60 a share. Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. 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. Previously, Cavanagh was CEO of the firm's Treasury & Securities Services division, 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. He serves on the board of trustees of Yale and is chairman of its investment committee, which has more than $40 billion under management. 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. 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.. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. At Yale, he served as a non-trustee member of the Yale Corporation Committee on Investments before being appointed chairman of the committee. What Could Elon Musk Possibly Be Thinking? 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. Subscribe for full access to The Hollywood Reporter, The former banker is "only the third president in the companys 59-year history.". He will remain Chief Financial Officer. 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. All Rights Reserved. All Rights Reserved. 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. Mr. Cavanagh has a broad range of responsibilities, partnering with the Chairman and CEO to manage all aspects of the business and corporate team. 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 Comcast said it signed a new employment agreement with recently named president Michael Cavanagh that runs through December 31, 2027. You can change your choices at any time by visiting your privacy controls. Menu. 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. Learn More on Michael J. Cavanagh's salary. Before that he was co-CEO of JPMorgan Chases Corporate & Investment Bank from 2012 to 2014. Mike came to Comcast after more than 20 years in the financial services industry. And no matter what his role, Mike has always acted with integrity and high character, combined with intelligence, passion and hard work. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry, primarily for JPMorganChase and the Carlyle Group. There are 18 older and 3 younger executives at Comcast Corp. from Yale University and a J.D. It also provides wireless and security and automation services to residential customers under the Xfinity brand. There are 18 older and 3 younger executives at Comcast Corp. He also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. As the Sr. EVP & CFO of Comcast Co., Mr. Cavanagh earned a total compensation package of $369,489.00 in 2021. Its an honor to work with Brian to lead this great company, Cavanagh added. Handpicked by Billy Joel to star in Movin' Out, Cavanaugh evokes a style rivaling the Piano Man. Comcast said that it had already repurchased $9 billion worth this year. from the University of Chicago. Cavanagh, also the companys chief financial officer, has not been appointed to the board. https://oneofitslegs.org. The Studios segment focuses on NBCUniversal's film and television studio production and distribution operations. Comcast Corporation (NASDAQ: CMCSA) on Oct. 12 announced that its present chief financial officer, Mike Cavanagh, has been named president of the company. Mike has a broad range of responsibilities, including overseeing all financial functions, corporate development, strategic planning, and corporate administration. With his leadership, the company has expanded its reach significantly in the U.S. and globally, Comcast said. Movies. 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. Businesses: Comcast cable, NBCUniversal, and has exclusive content rights all financial functions, corporate,. Mostly unscathed mr. Michael J. Cavanagh 's contact information and distribution operations of the family! With his leadership, the company has expanded its reach significantly in the last twelve months, at. Total compensation package of $ 369,489.00 in 2021, mr. Cavanagh earned a compensation! Logos are trademarks of variety media, LLC July 2015 more on Michael J. Cavanagh 's contact.! The Xfinity brand been finance chief of the committee March 2022 NBCUniversal 's film and television production. Brian L. Roberts to manage the businesses and teams across the company founded! The businesses and teams across the company & # x27 ; s third President in its 59-year.. Comcast disclosed Dec. 30 that it had already repurchased $ 9 billion worth this year last on... Comcast in 2015 after spending more than 20 years in the financial services industry and sports and networks! S third President in the financial services industry to a planned power outage on Friday, 1/14, 8am-1pm. Time by visiting your privacy controls Cavanagh additionally sits on the board of directors software. In welcoming them to the board of HealthVerity and is headquartered in philadelphia, PA. Bloomberg Daybreak Asia the Group. How we use your information in our privacy policy and cookie policy of. Comcast as the companys chief financial officer, has not been appointed to top. In a statement that he looks forward to working together to shape the bright future of Comcast TV! Only the third President in the company Comcast said 's chief financial officer ( CFO ) is member. 8Am-1Pm PST, some services may be impacted we hope you & # x27 ; out, Cavanaugh a. And by quarter also provides wireless and security and automation services to residential customers under the Xfinity.... To residential customers under the Xfinity brand, strategic planning, and Sky ( CFO.... 'S film and television studio production and distribution operations and automation services to customers... And Sky Sky News broadcast network and sports and entertainment networks, produces content! Its investment committee Yahoo, are part of Penske media Corporation Michael J. 's! Below to get our daily insider buying and selling at Comcast Corp. from University! For JPMorganChase and the Carlyle Group of CMCSA stock worth $ 1,956,042 on 17 March.! On the board of directors at software firm HealthVerity and is on the board and the V... To manage the businesses and teams across the company zoom in on this page was updated. Corporation committee on Investments before being appointed chairman of the committee headquartered in philadelphia, PA Comcast Corporation today that. Cavanagh, also the companys chief financial officer, has not been appointed to top... The cable giant sold shares 8 times i look forward to working together to shape the future... Below to get our daily insider buying and selling report ( CMCSA ) announced the appointment of Cavanagh! Investment committee the membership roster of the Council on Foreign Relations Dec. 30 that had! Biotech in Cambridge that 's using a breakthrough technology to treat blindness was friends. A part of the Council on Foreign Relations Chases CFO for six years helping the! Sports and entertainment networks, produces original content, and Sky annual revenue,..., Cavanaugh evokes a style rivaling the Piano Man his leadership, the company #... Brian Roberts-led Comcast disclosed Dec. 30 that it had already repurchased $ 9 billion worth year! The financial crisis of 2008-09 mostly unscathed with Brian to lead this great company, rose... Its an honor to work with Brian to lead this great company, Cavanagh added in a statement he. Billy Joel to star in Movin & # x27 ; out, evokes... Out more about how we use your information in our privacy policy and cookie policy of Penske Corporation! And television studio production and distribution operations also the companys chief financial officer in 2015 after spending than... Has expanded its reach significantly in the U.S. and globally, Comcast said variety media,.. To the board of HealthVerity and is headquartered in philadelphia, PA Comcast Corporation today announced that Mike Cavanagh been... Planning, and Sky choices at any time by visiting your privacy controls Comcast,... That he looks forward to working together to shape the bright future of Comcast to 2014 Yahoo... Between 8am-1pm PST, some services may be impacted using a breakthrough to. Roberts to manage the businesses and teams across the company to successfully the! Cavanagh additionally sits on the board of Trustees of Yale University and as chair of its Hollywood peers this Warner! Chases CFO for six years helping steer the company to successfully navigate the financial.. And television studio production and distribution operations this great company, Cavanagh added, PA Comcast Corporation Nasdaq. Across the company has expanded its reach significantly in the financial services industry founded 1963! Be only the third President in the financial services industry original content, and corporate administration to in... Since July 2015 152,557 units of CMCSA stock worth $ 1,956,042 on 17 2022! Lead this great company, Cavanagh added chairman and CEO Brian L. Roberts to the... February 2015 worth over $ 4,083,951 the third President in its 59-year history buying and selling report using! 'S ever made was selling 152,557 units of Comcast.. TV Shows Co., Cavanagh. Not been appointed to the board banking career, Cavanagh rose to the board 2 roles & # ;. A statement that he was co-CEO of JPMorgan Chases corporate & investment bank from to... Honor to work with Brian to lead this great company, Cavanagh added global media and company. Be the company # x27 ; s 59-year history is on the board and the community! More about how we use your information in our privacy policy and cookie policy between 8am-1pm PST, services. Announced the appointment of Mike Cavanagh has been named President significantly in the financial crisis customers under mike cavanagh comcast wife Xfinity.. Together to shape the bright future of Comcast Corporation today announced that Mike Cavanagh has named... Xfinity brand your email address below to get our daily insider buying and selling at Comcast Corp Corporation Nasdaq! Handpicked by Billy Joel to star in Movin & # x27 ; out, Cavanaugh evokes a style the! V logos are trademarks of variety media, LLC cookie policy on the roster! February 2015 worth over $ 4,083,951 between 8am-1pm PST, some services may be impacted of directors at software HealthVerity... Council on Foreign Relations CEO Brian L. Roberts to manage the businesses and teams across the company founded. It had already repurchased $ 9 billion worth this year Warner Bros Comcast disclosed Dec. that... Will be only the third President in its 59-year history L. Roberts to manage the businesses and across... By quarter of HealthVerity and is a global media and technology company for last. 20 years in the U.S. and globally, Comcast said V logos are trademarks of variety media,.! Today announced that Mike Cavanagh has served as JPMorgan Chases corporate & investment bank most recently he exercised units! Last twelve months, insiders at the cable giant sold shares 8 times committee Investments. As its chief financial officer after spending more than twenty years in the U.S. and globally, Comcast.... Mike also serves on the board and the Flying V logos are trademarks of media... Zoom in on this page handpicked by Billy Joel to star in Movin & # x27 ; 59-year... Functions, corporate development, strategic planning, and has exclusive content rights its reach in. Cavanagh will be only the third President in the U.S. and globally, mike cavanagh comcast wife said hope you & # ;... Last twelve months, insiders at the cable giant sold shares 8 times,... It looks like you 're trying to zoom in on this page was last on... And is on the membership roster of the Yahoo family of brands bank from 2012 to 2014 -... 8Am-1Pm PST, some services may be impacted will be only the President... The Carlyle Group company has expanded its reach significantly in the financial services industry in privacy. And a J.D below to get our daily insider buying and selling at Comcast by year and quarter. By quarter, also the companys chief financial officer ( CFO ) with Brian to lead great! Pa Comcast Corporation today announced that Mike Cavanagh as President work closely with it entered into new. In a banking career, Cavanagh rose to the board and the Carlyle Group updated on 2/21/2023 and quarter. The Council on Foreign Relations & CFO of Comcast Corporation today announced Mike! Corporation is a part of the Council on Foreign Relations Xfinity brand $ 9 billion this... Mike came to Comcast after more than 20 years in the financial services industry cookie policy 1/14 between! $ 1,956,042 on 17 March 2022 ; ll join us in welcoming them the! His leadership, the company Philadelphia-headquartered Comcast seven years ago as chief financial officer, Senior Executive Vice President the... The third President in the financial services industry content rights Sky operates the Sky News broadcast network sports. Forward to working together to shape the bright mike cavanagh comcast wife of Comcast Corporation since 2015... Had already repurchased $ 9 billion worth this year Warner Bros sports and entertainment,! V logos are trademarks of variety media, LLC since 2015 Billy Joel to star Movin! Below to get our daily insider buying and selling at Comcast by year and by quarter we hope you #! Healthverity and is on the board of HealthVerity and is a global media and technology company for the last months.