All Rights Reserved. Mike Cavanagh (I) on IMDb: Movies, Tv, Celebrities, and more. Comcast said chief financial officer Mike Cavanagh has been promoted to president, working with chairman and CEO Brian Roberts. Cavanagh earned a B.A. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. The Hollywood Reporter is a part of Penske Media Corporation. Gift this article. Genre. Enter your email address below to get our daily insider buying and selling report. Brian Roberts, Comcast's chairman and CEO, had previously held the title of president. 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. While Comcast stock price hasnt fallen as much as some of its Hollywood peers this year Warner Bros. Learn More on Michael J. Cavanagh's contact information. 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. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. 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 Mike came to Comcast after more than 20 years in the financial services industry. The Brian Roberts-led Comcast disclosed Dec. 30 that it entered into a new employment agreement with Cavanagh through the end of 2027. Live market coverage co-anchored from Hong Kong and New York. 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. 2023 The Hollywood Reporter, LLC. 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. Comcast shares closed at $28.69 Wednesday, up 0.03%. Mr. Cavanagh is also a director of Yum! Comcast Corporation Promotes Mike Cavanagh to President Business Wire PHILADELPHIA -- October 12, 2022 Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has . We have exceptional businesses with world-class executives in Dana, Dave, and Jeff and Im proud to call them my partners. 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. We, Yahoo, are part of the Yahoo family of brands. 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. What's on TV & Streaming Top 250 TV Shows Most Popular TV Shows Browse TV Shows by Genre TV News India TV Spotlight. BREAKING: Tiny biotech successfully treats blindness. 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. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. The most recent insider tranaction occured on February, 21st when Major Shareholder Corp Comcast sold 37,176 shares worth more than $75,467.28. Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the companys 59-year history. Mr. Cavanagh has a broad range of responsibilities, partnering with the Chairman and CEO to manage all aspects of the business and corporate team. 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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? Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, Roberts said. 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. 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 . Currently, Michael Cavanagh works as a Chief Financial Officer at Comcast. Net Worth in 2022. It looks like you're trying to zoom in on this page. (RTTNews) - Comcast Corp. (CMCSA) announced the appointment of Mike Cavanagh as President. Cavanaugh, who has spent nearly his entire coaching career mentoring offensive linemen, spent the last three seasons as the . Movies. Comcast named Michael J. Cavanagh as its chief financial officer Monday. As the Sr. EVP & CFO of Comcast Co., Mr. Cavanagh earned a total compensation package of $369,489.00 in 2021. Mike Cavanagh - @MikeCavanagh9. Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. Mike came to Comcast after more than 20 years in the financial services industry. Comcast Corp. engages in the provision of video, Internet, and phone services. "With his leadership, the company has expanded its reach significantly in the U.S. and. 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. Salary in 2022. To zoom in, use [Ctrl] + [+] in Windows, and [Cmd] + [+] on a Mac. It most recently tallied revenue of $29.85 billion in the third quarter of 2022, ending Sept. 30. As Chief Financial Officer at COMCAST CORP, Michael J. Cavanagh made $27,356,996 in total compensation. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. He joined the company from global alternative asset manager The Carlyle Group, where he was briefly co-president and co-chief operating officer. A member of the Republican Party, Youngkin defeated former Democratic governor Terry McAuliffe in the 2021 Virginia gubernatorial election. from Yale University and a J.D. Cindy Ord/Getty Images Entertainment. 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. On average, Michael trades about 15,269 units every 52 days since 2012. He was Co-CEO of JPMorgan Chase's Corporate & Investment Bank from 2012 to 2014, a global leader in its. Awesome wife and daughter. 2 min read Comcast Corporation Comcast Corporation announced Wednesday that Chief Financial Officer (CFO) Mike Cavanagh has been promoted to the added role of. Learn More on Michael J. Cavanagh's salary. He also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. 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. Cavanaghs promotion takes place at a tenuous time for Comcast with its stock price declining considerably over the last year as it looks for new areas of growth and lags in entertainment streaming. 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. He rowed at Yale. In this role, Mike co-headed all investment banking, cash management, investor services, and the largest global markets and trading business in the world. Comcast can also be reached via phone at (215) 286-1700. 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 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 earned a B.A. He is from United States. Information on this page was last updated on 2/21/2023. Mike will be only the third President in the company's 59-year history. 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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 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. Handpicked by Billy Joel to star in Movin' Out, Cavanaugh evokes a style rivaling the Piano Man. Learn More on Michael J. Cavanagh's contact information. 2023 Variety Media, LLC. 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. He will remain Chief Financial Officer. All Rights Reserved. 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. Mike earned a B.A. 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. We have estimated Michael Cavanaugh's net worth , money, salary, income, and assets. As of 17 March 2022 he still owns at least 98,709 units of Comcast Corp stock. With his leadership, the company has expanded its reach significantly in the US and globally. He also served as JPMorgan Chases CFO for six years helping steer the company to successfully navigate the financial crisis. 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. Learn More on Comcast's active insiders. More from Deadline. He will continue to serve as chief. The corporate mailing address for Mr. Cavanagh and other Comcast executives is One Comcast Center, Philadelphia PA, 19103. Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. Member Since. Burke was also friends with Jamie Dimon, JPMorgans chief executive and chairman. 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. Learn More on Michael J. Cavanagh's trading history. Comcast CFO Mike Cavanagh will take on the additional role of president. 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. 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. 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. We hope you'll join us in welcoming them to the board and The Rosenbach community. To zoom out, use the keyboard shortcut [Ctrl] + [-] in Windows and [Cmd] + [-] on a Mac. On average, Comcast Corp executives and independent directors trade stock every 9 days with the average trade being worth of $3,606,828. The oldest executive at Comcast Corp is Maritza Montiel, 68, who is the Independent Director. 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. 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 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. Comcast Corporation is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Previously he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. Previously, Cavanagh was CEO of the firm's Treasury & Securities Services division, There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Last updated: 18 March 2022 at 5:05pm EST. "With his leadership, the company has expanded its reach significantly in the U.S. and. He serves on the Board of Trustees of Yale and is Chairman of its Investment Committee, which has more than $40 billion under management. In 2019 we welcomed three new members to our board, including a new representative of the Free Library of Philadelphia Foundation Board of Directors. PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has been named President. In promoting the exec, Comcast described his new role as working closely with CEO Roberts to manage the businesses and teams across the company. 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