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. With his leadership, the company has expanded its reach significantly in the U.S. and globally, Comcast said. PHILADELPHIA, Pa. - Comcast Corporation today announced that Mike Cavanagh has been named President. "Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. There are 1 executives at Comcast Corp getting paid more, with BrianRoberts having the highest compensation of $36,370,200. 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. Public Records. "With his leadership, the company has expanded its reach significantly in the U.S. and. The company will report its full . 2-min read PHILADELPHIA, March 01, 2023 -- ( BUSINESS WIRE )--Comcast Corporation today announced that Anand Kini has been named Executive Vice President, Corporate. Comcast Corporation is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. . from Yale University and a J.D. 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. 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. Comcast Corporation (NASDAQ: CMCSA) on Oct. 12 announced that its present chief financial officer, Mike Cavanagh, has been named president of the company. 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 Cavanagh serves as President and Chief Financial Officer of Comcast Corporation. October 12, 2022. in News. 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 Find out more about how we use your information in our privacy policy and cookie policy. 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. Awesome wife and daughter. Mike Cavanagh - @MikeCavanagh9. Learn More on Michael J. Cavanagh's trading history. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. It also provides wireless and security and automation services to residential customers under the Xfinity brand. All Rights Reserved. More from Deadline. (RTTNews) - Comcast Corp. (CMCSA) announced the appointment of Mike Cavanagh as President. At Yale, he served as a non-trustee member of the Yale Corporation Committee on Investments before being appointed chairman of the committee. Track your investments 24 hours a day, around the clock from around the world. It looks like you're trying to zoom in on this page. from Yale and a J.D. Comcast Corporation Promotes Mike Cavanagh to President Business Wire PHILADELPHIA -- October 12, 2022 Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has . Comcast CFO Mike Cavanagh will take on the additional role of president. 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. Comcast named Michael J. Cavanagh as its chief financial officer Monday. He was Co-CEO of JPMorgan Chase's Corporate & Investment Bank from 2012 to 2014, a global leader in its. Mr. Cavanagh was appointed a successor trustee in 2020. You can see the complete history of Mr. Cavanagh stock trades at the bottom of the page. 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. All Rights Reserved. Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. from Yale University and a J.D. 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 . Currently, Michael Cavanagh works as a Chief Financial Officer at Comcast. Cavanagh earned a B.A. We have exceptional businesses with world-class executives in Dana, Dave, and Jeff and Im proud to call them my partners. He also served as JPMorgan Chases CFO for six years helping steer the company to successfully navigate the financial crisis. from the University of Chicago. 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 . Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. 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). Brian Roberts, Comcast's chairman and CEO, had previously held the title of president. In addition, he makes $26,799,500 as Chief Financial Officer and Senior Executive Vice President at Comcast Corp. Michael has made over 20 trades of the Comcast Corp stock since 2014, according to the Form 4 filled with the SEC. The oldest executive at Comcast Corp is MaritzaMontiel, 68, who is the Independent Director. Michael J. Cavanagh has not been actively trading shares of Comcast during the last quarter. 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. Mr. Cavanagh has a broad range of responsibilities, partnering with the Chairman and CEO to manage all aspects of the business and corporate team. Mike Cavanagh is now in his sixties and has no idea how that happened. Burke and Dimon attended Harvard Business School together, graduating in 1982. The Brian Roberts-led Comcast disclosed Dec. 30 that it entered into a new employment agreement with Cavanagh through the end of 2027. 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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. With his leadership, the company has expanded its reach significantly in the US and globally. Mike Cavanagh is only the third president in the companys 59-year history. Variety and the Flying V logos are trademarks of Variety Media, LLC. Mike joined Comcast seven years ago as Chief Financial Officer. Cavanagh, also the companys chief financial officer, has not been appointed to the board. It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. PHILADELPHIA -- (BUSINESS WIRE)--Oct. 12, 2022-- Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has been named President. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. 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. 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. Cavanagh will remain as Comcast's CFO, a position he has held since joining the company seven years ago. Mike joined Comcast in 2015 as the companys Chief Financial Officer after spending more than 20 years in the financial services industry. They sold a total of 7,602,130 shares worth more than $22,410,930.47. Learn More on Michael J. Cavanagh's salary. Michael's mailing address filed with the SEC is ONE COMCAST CENTER, , PHILADELPHIA, PA, 19103. Mike Cavanagh - @cjetnut. Comcast said on Wednesday that it has promoted chief financial officer Mike Cavanagh to the added role of president. Click Manage settings for more information and to manage your choices. 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. 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. 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,. Live market coverage co-anchored from Hong Kong and New York. He lives with his wife, Julie, adult son Dan, and two black cats in Bateman's Bay, NSW. He will remain chief financial officer. Mr. Cavanagh is also a director of Yum! Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. Comcast said chief financial officer Mike Cavanagh has been promoted to president, working with chairman and CEO Brian Roberts. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the . He serves on the Board of Trustees of Yale and is Chairman of its Investment Committee. 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 . Burke sat on the JPMorgan board and knew Cavanagh through board presentations. Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. 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. 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. Menu. 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. 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. What's on TV & Streaming Top 250 TV Shows Most Popular TV Shows Browse TV Shows by Genre TV News India TV Spotlight. Philadelphia, PA Comcast Corporation today announced that Mike Cavanagh has been named President. Mike will be only the third President in the company's 59-year history. On average, Comcast Corp executives and independent directors trade stock every 9 days with the average trade being worth of $3,606,828. He is also a member of the firm's Operating Committee and Executive Committee. 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. Emily Cavanagh, Lisa Washington, and Gene LeFevre each bring their own expertise and passion for our mission. The company was founded in 1963 and is headquartered in Philadelphia, PA. 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. Variety is a part of Penske Media Corporation. 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 will be only the third president in the company's 59-year history. He also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. Memoir, Humor and Comedy, Romance. Member Since. 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. Mike has a broad range of responsibilities, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. The agreement stipulates a base salary of $2.5 million beginning next March, as well as a performance-based award, per the Securities and Exchange Commission filing. 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. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across 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. Mike Cavanagh (I) on IMDb: Movies, Tv, Celebrities, and more. He will remain Chief Financial Officer. 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. Cavanagh joined Philadelphia-headquartered Comcast seven years ago as chief financial officer (CFO). From 2012 to 2014 he was co-chief executive officer of JPMorgan Chase & Co.s Corporate & Investment Bank, a global leader in its industry with over $30 billion in revenue and more than sixty thousand employees working in nearly 100 countries. 2023 Variety Media, LLC. Last updated: 18 March 2022 at 5:05pm EST. In this role, Mike co-headed all investment banking, cash management, investor services and the largest global markets and trading business in the world. Michael Cavanagh is 54, he's been the Chief Financial Officer and Senior Executive Vice President of Comcast Corp since 2015. He rowed at Yale. We have estimated Michael Cavanaugh's net worth , money, salary, income, and assets. Comcast shares closed at $28.69 Wednesday, up 0.03%. $1 Million - $5 Million. https://oneofitslegs.org. 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. He serves on the board of trustees of Yale and is chairman of its investment committee, which has more than $40 billion under management. Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has been named President. 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. The prices in other telecom and entertainment companies, among them Verizon, Walt Disney and Netflix, have also declined. Comcast reported revenue of $116.4 billion for fiscal year 2021. The chief financial officer of the Philadelphia-headquartered conglomerate was given additional duties in October. The Hollywood Reporter is a part of Penske Media Corporation. 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. As of 17 March 2022 he still owns at least 98,709 units of Comcast Corp stock. Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the company's 59-year history. It most recently tallied revenue of $29.85 billion in the third quarter of 2022, ending Sept. 30. 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 works as Chief Financial Officer at Comcast Corporation. He is also on the board of Yale University and Member of Council on Foreign Relations, Inc. Mike came to Comcast after more than 20 years in the financial services industry. The Brian Roberts-led Comcast. As Chief Financial Officer at COMCAST CORP, Michael J. Cavanagh made $27,356,996 in total compensation. The most active insiders traders include Brian L Roberts, Stephen B Burke, and David L Cohen. . What Could Elon Musk Possibly Be Thinking? 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 Corporation today announced that Mike Cavanagh has been named 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. Subscribe for full access to The Hollywood Reporter, The former banker is "only the third president in the companys 59-year history.". Get notified the next time Michael J. Cavanagh buys or sells Comcast stock. Enter your email address below to get our daily insider buying and selling report. To zoom out, use the keyboard shortcut [Ctrl] + [-] in Windows and [Cmd] + [-] on a Mac. Learn More on Michael J. Cavanagh's salary. On average, Michael trades about 15,269 units every 52 days since 2012. 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. Movies. Mr. Cavanagh earned a B.A. 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.. The global economy also faces a potential recession. He also serves on the board of software company HealthVerity and is a member of the Council on Foreign Relations. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. He was 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 located in nearly 100 countries. 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. 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 Bloomberg Daybreak Asia. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. In the last twelve months, insiders at the cable giant sold shares 8 times. 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 trading history. PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has been named President. Mike came to Comcast after more than 20 years in the financial services industry. READ MORE: New Comcast CFO says company must avoid complacency [from 2015]. He will continue to act as Comcasts chief financial officer. Why? Mike has a broad range of responsibilities, including overseeing all financial functions, corporate development, strategic planning, and corporate administration. New Comcast CFO says company must avoid complacency. Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. Mike Cavanagh is co-CEO of J.P. Morgan's Corporate & Investment Bank, an industry leader in investment banking, trading markets and investor services such as cash management, clearing and prime brokerage. Mr. Cavanagh has a broad range of responsibilities, partnering with the Chairman and CEO to manage all aspects of the business and corporate team. 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. 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. Mike joined the company seven years ago . Cavanagh, 56, has served as CFO since 2015 and will continue in that role in addition to his . The Hollywood Reporter is a part of Penske Media Corporation. from Yale University and a J.D. 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, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. 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. Michael J. Cavanagh serves as Chief Financial Officer, Senior Executive Vice President of the Company. Now more than ever, players rightly see themselves as multi-faceted entrepreneurs, and seek ways to leverage their brands in everything from real estate to venture capital. 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. "With his leadership, the company has expanded its reach significantly in the U.S. and. Markets never sleep, and neither does Bloomberg. Chart Data in Insider Trading History Table. Mr. Cavanagh served as the Co-President and Co-Chief Operating Officer at The Carlyle Group LP since joining in April 2014. 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. 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. Prior to that, he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. 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 True Story Behind 'Cocaine Bear': A 175-Pound Beast, a Dead Drug Smuggler in Gucci Loafers and More, Super Mario Bros. Movie Is Releasing Two Days Early, Jonathan Majors Pitches a Rom-Com With Issa Rae: 'I Want to Run Through Central Park Trying to Beat Her to the Airport', Chris Pine Admits It Did Look Like Harry Styles Spit on Me, but He Did Not: The Vitriol Against Dont Worry Darling Was Ridiculous, HBO's Leading Man: Casey Bloys on Perfecting 'The Last of Us,' HBO Max Streaming Merger and Axing Shows, A24 Sweeps Film Categories at the 2023 SAG Awards as 'Everything Everywhere All at Once' Breaks Record for Most Wins, Jean Smart 'Doing Well, Recovering' Following Heart Procedure, Says Hacks Co-Star Hannah Einbinder, Ke Huy Quan Becomes First Asian Male Film Winner at SAG Awards for 'Everything Everywhere All at Once'. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, said Roberts. Show all results. Comcast said it signed a new employment agreement with recently named president Michael Cavanagh that runs through December 31, 2027. 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 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. 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. 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. And the Flying V logos are trademarks of variety Media, Studios, Theme Parks, and.... 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