Learn More about insider trades at Comcast. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, Roberts said. The Brian Roberts-led Comcast. Last month, Comcasts board sought to bolster the companys stock by purchasing up to $20 billion in shares as investors sold them. Mike earned a B.A. Comcast can also be reached via phone at (215) 286-1700. He is from United States. Mike came to Comcast after more than 20 years in the financial services industry. Learn More on Michael J. Cavanagh's contact information. In this role, Mike co-headed all investment banking, cash management, investor services, and the largest global markets and trading business in the world. 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. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. Learn More on Michael J. Cavanagh's trading history. Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. 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. Mr. Cavanagh is also a director of Yum! Live market coverage co-anchored from Hong Kong and New York. Cavanagh serves on the Board of Trustees of Yale University and as chair of its investment committee. There are 18 older and 3 younger executives at Comcast Corp. from the University of Chicago. He serves on the Board of Trustees of Yale and is Chairman of its Investment Committee. 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. He was the Co-CEO of JPMorgan Chase's . What Could Elon Musk Possibly Be Thinking? 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. Public Records. We have estimated Michael Cavanaugh's net worth , money, salary, income, and assets. Burke sat on the JPMorgan board and knew Cavanagh through board presentations. Cavanagh was raised on Long Island in an Irish-Catholic family. 2023 Variety Media, LLC. 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. 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. Mike joined Comcast seven years ago as Chief Financial Officer. We hope you'll join us in welcoming them to the board and The Rosenbach community. Cavanagh earned a B.A. 2023 The Hollywood Reporter, LLC. Mike Cavanagh (I) on IMDb: Movies, Tv, Celebrities, and more. Mike will be only the third President in the company's 59-year history. To zoom in, use [Ctrl] + [+] in Windows, and [Cmd] + [+] on a Mac. Net Worth in 2022. Show all results. With this promotion, Mike will work closely with . 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. Brian Roberts, Comcast's chairman and CEO, had previously held the title of president. 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. 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. The global economy also faces a potential recession. 2-min read PHILADELPHIA, March 01, 2023 -- ( BUSINESS WIRE )--Comcast Corporation today announced that Anand Kini has been named Executive Vice President, Corporate. 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. Michael Cavanagh serves as Chief Financial Officer of Comcast Corporation. He will remain chief financial officer. Learn More From Comcast Careers Comcast Careers Blog How We Hire Our Culture FAQ "Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. Comcast Corporation today announced that Mike Cavanagh has been named President. 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. PHILADELPHIA, Pa. - Comcast Corporation today announced that Mike Cavanagh has been named President. 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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? Mike will be only the third president in the companys 59-year history. 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. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Comcast Corp. engages in the provision of video, Internet, and phone services. Member Since. Learn More on Michael J. Cavanagh's contact information. 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. There are 1 executives at Comcast Corp getting paid more, with BrianRoberts having the highest compensation of $36,370,200. . Comcast said chief financial officer Mike Cavanagh has been promoted to president, working with chairman and CEO Brian Roberts. Mike will be only the third President in the companys 59-year history. Information on this page was last updated on 2/21/2023. TV Shows. 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 said that it had already repurchased $9 billion worth this year. In this role, Mike co-headed all investment banking, cash management, investor services and the largest global markets and trading business in the world. 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. from Yale and a J.D. Mike has a broad range of responsibilities, including overseeing all financial functions, corporate development, strategic planning, and corporate administration. Mike Cavanagh is only the third president in the companys 59-year history. Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the companys 59-year 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. 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. 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. Learn More on Michael J. Cavanagh's trading history. Cavanagh, 56, has served as CFO since 2015 and will continue in that role in addition to his . 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. Enter your email address below to get our daily insider buying and selling report. He also served as JPMorgan Chases CFO for six years helping steer the company to successfully navigate the financial crisis. 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. READ MORE: New Comcast CFO says company must avoid complacency [from 2015]. I look forward to working together to shape the bright future of Comcast.. 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