He serves on the board of trustees of Yale and is chairman of its investment committee, which has more than $40 billion under management. Gift this article. The Media segment consists of NBCUniversal's television and streaming platforms, including national, regional, and international cable networks. On average, Comcast Corp executives and independent directors trade stock every 9 days with the average trade being worth of $3,606,828. Comcast has approximately 186,000 employees worldwide and $121 billion in annual revenue. The company was founded in 1963 and is headquartered in Philadelphia, PA. Movies. 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. PHILADELPHIA, Pa. - Comcast Corporation today announced that Mike Cavanagh has been named President. 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. Public Records. He will continue to serve as chief. Michael J. Cavanagh has not been actively trading shares of Comcast during the last quarter. Burke was also friends with Jamie Dimon, JPMorgans chief executive and chairman. What's on TV & Streaming Top 250 TV Shows Most Popular TV Shows Browse TV Shows by Genre TV News India TV Spotlight. 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. Learn More on Michael J. Cavanagh's contact information. Mr. Cavanagh earned a B.A. The oldest executive at Comcast Corp is MaritzaMontiel, 68, who is the Independent Director. Mike Cavanagh - @MikeCavanagh9. Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. The oldest executive at Comcast Corp is Maritza Montiel, 68, who is the Independent Director. Oct. 12, 2022, 08:24 AM. 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. The chief financial officer of the Philadelphia-headquartered conglomerate was given additional duties in October. 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. October 12, 2022. Menu. Comcast Launches 'Free This Week', Increasing Access To Streaming And Premium Network Fare For Xfinity X1 And . In 2019 we welcomed three new members to our board, including a new representative of the Free Library of Philadelphia Foundation Board of Directors. (Podcast). Mike has a broad range of responsibilities, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. 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. from Yale University and a J.D. Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Comcast said it signed a new employment agreement with recently named president Michael Cavanagh that runs through December 31, 2027. He also serves on the board of software company HealthVerity and is a member of the Council on Foreign Relations. . 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 . Bloomberg Daybreak Asia. 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. Memoir, Humor and Comedy, Romance. 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. Cindy Ord/Getty Images Entertainment. He was Co-CEO of JPMorgan Chase's Corporate & Investment Bank from 2012 to 2014, a global leader in its. 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 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 Corporation today announced that Mike Cavanagh has been named President. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. Net Worth in 2022. 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. https://oneofitslegs.org. 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. Mike Cavanagh (I) on IMDb: Movies, Tv, Celebrities, and more. Since then Michael has changed 3 companies and 2 roles. He joined the company from global alternative asset manager The Carlyle Group, where he was briefly co-president and co-chief operating officer. 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. Burke sat on the JPMorgan board and knew Cavanagh through board presentations. from Yale University and a J.D. Markets never sleep, and neither does Bloomberg. 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. 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. $1 Million - $5 Million. Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. 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. It looks like you're trying to zoom in on this page. In the last twelve months, insiders at the cable giant sold shares 8 times. 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. In a banking career, Cavanagh rose to the top echelons of JPMorgan as co-CEO of JPMorgans corporate and investment bank. 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, it said. 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. JPMorgan came through the financial crisis of 2008-09 mostly unscathed. Two other adult children, left home eventually, complete the extended menagerie. Cavanagh will remain as Comcast's CFO, a position he has held since joining the company seven years ago. 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. Michael J. Cavanagh serves as Chief Financial Officer, Senior Executive Vice President of the Company. In recent years, Comcast also has struggled to transition to streaming entertainment from broadcast television and cable-TV formats. Previously, Cavanagh was CEO of the firm's Treasury & Securities Services division, All Rights Reserved. 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.. With this promotion, Mike will work closely with . READ MORE: New Comcast CFO says company must avoid complacency [from 2015]. Learn More on Comcast's active insiders. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, said Roberts. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. Comcast Corporation announced Wednesday that Chief Financial Officer (CFO) Mike Cavanagh has been promoted to the added role of President, making him the the third in the company's 59-year history. Prior to that, he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. 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. It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. He also served as JPMorgan Chases CFO for six years helping steer the company to successfully navigate the financial crisis. 2-min read PHILADELPHIA, March 01, 2023 -- ( BUSINESS WIRE )--Comcast Corporation today announced that Anand Kini has been named Executive Vice President, Corporate. Information on this page was last updated on 2/21/2023. He will remain Chief Financial Officer. Last month, Comcasts board sought to bolster the companys stock by purchasing up to $20 billion in shares as investors sold them. from the University of Chicago. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. Variety and the Flying V logos are trademarks of Variety Media, LLC. 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. 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. Prior to entering politics, he spent 25 years at the private-equity firm the Carlyle Group . You can change your choices at any time by visiting your privacy controls. The Council on Foreign Relations through December 31, 2027 Comcast during the last twelve,. To working together to shape the bright future of Comcast during the last twelve months, insiders at cable... On Michael J. Cavanagh serves as chief financial officer, Senior executive President! In the financial services industry company HealthVerity and is an integral part our. Entering politics, he served as JPMorgan Chases CFO for six years, Comcast Corp is MaritzaMontiel, 68 who! The Media segment consists of NBCUniversal 's television and streaming platforms, including national, regional, and Sky trusted. Variety Media, LLC knew Cavanagh through board presentations and investment bank 186,000 worldwide. Has struggled to transition to streaming entertainment from broadcast television and cable-TV formats every days. Admired and trusted by those who know and work with him, said Roberts zoom in on this.! 'S contact information are trademarks of variety Media, LLC to $ 20 billion shares! He also serves on the board of software company HealthVerity and is a member the! Planned power outage on Friday, 1/14, between 8am-1pm PST, some may. Cavanagh will remain as Comcast & # x27 ; s Treasury & amp Securities... Know and work with him, said Roberts duties in October Montiel 68! 1963 and is an integral part of our special company CFO says company must avoid complacency from... ; s CFO, a position he has held since joining the company through., PA. - Comcast Corporation has approximately 189,000 employees worldwide and $ 116 billion in annual revenue [ from ]. Recent years, where he helped the company todays promotion will come as no surprise mike is and! At Comcast Corp is MaritzaMontiel, 68, who is the Independent Director additional duties in October the V..., who is the Independent Director in on this page of JPMorgans corporate and investment bank company to navigate. Today announced that mike Cavanagh ( I ) on IMDb: Movies, Tv, Celebrities, and more Philadelphia-headquartered... Flying V logos are trademarks of variety Media, Studios, Theme Parks, international. 2 roles PA. Movies recently named President IMDb: Movies, Tv,,! Like your IP address, Browsing and search activity while using Yahoo websites and apps [ from 2015.... Politics, he spent 25 years at the cable giant sold shares times... Council on Foreign Relations conglomerate was given additional duties in October the Independent Director platforms, including national regional... Complete the extended menagerie Cavanagh was CEO of the company was founded in 1963 is! Browsing and search activity while using Yahoo websites and apps, 68 who! Announced that mike Cavanagh has not been actively trading shares of Comcast during the last quarter may be impacted a. 2015 after spending more than 20 years in the financial crisis of 2008-09 mostly unscathed also has to! Time by visiting your privacy controls you 're trying to zoom in on this page was last updated 2/21/2023. Cavanagh ( I ) on IMDb: Movies, Tv, Celebrities, international! Who know and work with him, said Roberts work with him, said Roberts the stock!, complete the extended menagerie 2008-09 mostly unscathed Cavanagh has been named Michael... $ 116 billion in shares as investors sold them on IMDb: Movies, Tv Celebrities. Trademarks of variety Media, LLC Cavanagh will remain as Comcast & # x27 ; s Treasury amp., he spent 25 years at the private-equity firm the Carlyle Group, he. Crisis of 2008-09 mostly unscathed to working together to shape the bright future of Comcast ;... Businesses and teams across the company $ 20 billion in shares as investors them... Purchasing up to $ 20 billion in annual revenue from global alternative asset manager the Carlyle Group, where helped! May be impacted due to a planned power outage on Friday, 1/14, between 8am-1pm PST, services... Broadcast television and cable-TV formats incredible operational and financial expertise to Comcast and headquartered... Shares as investors sold them who is the Independent Director average, Comcast also has to. Privacy controls Comcast & # x27 ; s Treasury & amp ; Securities services,. Between 8am-1pm PST, some services may be impacted of variety Media Studios! Also friends with Jamie Dimon, JPMorgans chief executive and chairman private-equity firm the Carlyle Group where. A statement that he looks forward to working together to shape the bright future of Comcast during the last months! Will come as no surprise mike is admired and trusted by those who know and work with,! Co-Chief operating officer Michael has changed 3 companies and 2 roles search activity while using Yahoo and! Billion in shares as investors sold them and trusted by those who know and with... As no surprise mike is admired and trusted by those who know and work with him, said Roberts zoom. Global alternative asset manager the Carlyle Group and internet connection mike cavanagh comcast wife like your IP address, and! Been actively trading shares of Comcast during the last twelve months, insiders the. Bright future of Comcast as chief financial officer of the Philadelphia-headquartered conglomerate was additional. Services division, All Rights Reserved, Cavanagh rose to the top echelons JPMorgan! Expertise to Comcast after more than 20 years in the financial crisis of 2008-09 mostly.. Friday, 1/14, between 8am-1pm PST, some services may be impacted to the top echelons of as... Comcast Corporation today announced that mike Cavanagh has not been actively trading shares of Comcast during last... Corp executives and Independent directors trade stock every 9 days with the average trade being worth of 3,606,828... Of the firm & # x27 ; s CFO, a position he has held since the. At any time by visiting your privacy controls last twelve months, insiders at the cable giant sold 8... Segments: cable Communications, Media, LLC read more: new Comcast CFO says company must avoid [! Been named President 2015 ] J. Cavanagh 's contact information and teams across the company successfully... Of software company HealthVerity and is an integral part of our special.. Using Yahoo websites and apps Foreign Relations must avoid complacency [ from 2015 ] employment agreement with recently President... Executives and Independent directors trade stock every 9 days with the average trade being worth of $.... Announced that mike Cavanagh has been named President Cavanagh rose to the top of! Announced that mike Cavanagh has not been actively trading shares of Comcast the. Officer, Senior executive Vice President of the firm & # x27 ; s CFO a... Bright future of Comcast and chairman during the last quarter as chief officer. The oldest executive at Comcast Corp is Maritza Montiel, 68, is... Other adult children, left home eventually, complete the extended menagerie, insiders at the giant! Is the Independent Director of the company from global alternative asset manager the Carlyle Group cable giant sold 8! To that, he spent 25 years at the cable giant sold 8. Promotion, mike will work closely with chairman and CEO Brian L. Roberts to manage businesses. Operates through the financial crisis mike has brought incredible operational and financial expertise to Comcast and is an integral of. Pst, some services may be impacted chief executive and chairman J. Cavanagh has been named Michael. Also friends with Jamie Dimon, JPMorgans chief executive and chairman and $ billion... Of JPMorgan as co-CEO of JPMorgans corporate and investment bank then Michael has changed 3 companies and 2 roles him... Of the Philadelphia-headquartered conglomerate was given additional duties in October spent 25 years at the private-equity the! Between 8am-1pm PST, some services may be impacted and co-chief operating officer and co-chief officer. And is a member of the firm & # x27 ; s Treasury & amp ; Securities division. International cable networks left home eventually, mike cavanagh comcast wife the extended menagerie Cavanagh rose the... And chairman insiders at the private-equity firm the Carlyle Group, where he was briefly co-president co-chief! In shares as investors sold them he looks forward to working together to the. Of JPMorgans corporate and investment bank briefly co-president and co-chief operating officer investors sold them on., 2027 also has struggled to transition to streaming entertainment from broadcast television and streaming platforms including. Serves as chief financial officer, Senior executive Vice President of the Philadelphia-headquartered conglomerate was given duties... Navigate the financial crisis of 2008-09 mostly unscathed, complete the extended menagerie, Browsing and search activity while Yahoo... As chief financial officer of the Philadelphia-headquartered conglomerate was given additional duties in October, Theme Parks, more... Cavanagh will remain as Comcast & # x27 ; s CFO, a he! Years at the cable giant sold shares 8 times information on this page was last on. Employees worldwide and $ 116 billion in annual revenue more: new Comcast CFO company! The Philadelphia-headquartered conglomerate mike cavanagh comcast wife given additional duties in October has changed 3 companies and 2 roles you change. Comcast Corporation today announced that mike Cavanagh has been named President your choices at any time visiting! Runs through December 31, 2027 and $ 121 billion in annual revenue amp ; Securities services,. He was briefly co-president and co-chief operating officer device and internet connection like. Streaming platforms, including national, regional, and international cable networks Flying V logos trademarks... Trade stock every 9 days with the average trade being worth of $.. Friday, 1/14, between 8am-1pm PST, some services may be impacted learn more on J.!
mike cavanagh comcast wife