There are 18 older and 3 younger executives at Comcast Corp. A member of the Republican Party, Youngkin defeated former Democratic governor Terry McAuliffe in the 2021 Virginia gubernatorial election. Michael Cavanagh Work Experience and Education. Menu. You can see the complete history of Mr. Cavanagh stock trades at the bottom of the page. Athletes' ambitions don't end when they leave the field of play. The estimated Net Worth of Michael J Cavanagh is at least $34.5 Million dollars as of 17 March 2022. He was Co-CEO of JPMorgan Chase's Corporate & Investment Bank from 2012 to 2014, a global leader in its. 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 . Comcast Corporation Promotes Mike Cavanagh to President. To zoom out, use the keyboard shortcut [Ctrl] + [-] in Windows and [Cmd] + [-] on a Mac. Learn More on Michael J. Cavanagh's trading history. 2023 The Hollywood Reporter, LLC. All Rights Reserved. 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 joining our company, Mr. Cavanagh had been Co-President and Co-Chief Operating Officer for The Carlyle Group, a global investment firm, since 2014. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. 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. At Yale, he served as a non-trustee member of the Yale Corporation Committee on Investments before being appointed chairman of the committee. Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has been named President. 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. 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. You can change your choices at any time by visiting your privacy controls. 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). Cavanagh has been finance chief of the media and technology company for the last seven years. Comcast CFO Mike Cavanagh will take on the additional role of president. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. Learn More on Michael J. Cavanagh's contact information. 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. Cavanagh, 56, has served as CFO since 2015 and will continue in that role in addition to his . He joined Comcast in 2015 from The Carlyle Group, a global alternative asset manager, where he served as its Co-President and Co-Chief Operating Officer in New York. "With his leadership, the company has expanded its reach significantly in the U.S. and. He also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. An Inquirer reporter since 1993, I report stories with an emphasis on enterprise, corporations, college debt, and features with a money angle. 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. READ MORE: New Comcast CFO says company must avoid complacency [from 2015]. 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. Learn More From Comcast Careers Comcast Careers Blog How We Hire Our Culture FAQ He is also on the board of Yale University and Member of Council on Foreign Relations, Inc. Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. 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. 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. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. Cavanagh joined Philadelphia-headquartered Comcast seven years ago as chief financial officer (CFO). New Comcast CFO says company must avoid complacency. Last month, Comcasts board sought to bolster the companys stock by purchasing up to $20 billion in shares as investors sold them. Cindy Ord/Getty Images Entertainment. 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. 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. Before that he was co-CEO of JPMorgan Chases Corporate & Investment Bank from 2012 to 2014. 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. 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. Its an honor to work with Brian to lead this great company, Cavanagh added. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. Comcast announced on Monday that it had hired Michael J. Cavanagh as its chief financial officer, choosing a prominent Wall Street executive to help the company move forward after the. Comcast Launches 'Free This Week', Increasing Access To Streaming And Premium Network Fare For Xfinity X1 And . . Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. 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. Mike earned a B.A. Cavanagh, 56, has served as CFO since 2015 and will continue in that role in addition to his promotion to president. Movies. On average, Comcast Corp executives and independent directors trade stock every 9 days with the average trade being worth of $3,606,828. Hes an outstanding partner, and together we are focused on continuing to create new and exciting opportunities for growth., Said Cavanagh: Its an honor to work with Brian to lead this great company. . 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. Handpicked by Billy Joel to star in Movin' Out, Cavanaugh evokes a style rivaling the Piano Man. He will continue to act as Comcasts chief financial officer. The global economy also faces a potential recession. The corporate mailing address for Mr. Cavanagh and other Comcast executives is One Comcast Center, Philadelphia PA, 19103. Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the companys 59-year history. Why? Mike Cavanagh - @cjetnut. Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. JPMorgan came through the financial crisis of 2008-09 mostly unscathed. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. Mr. Cavanagh was appointed a successor trustee in 2020. 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. Public Records. Mike earned a B.A. 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. I look forward to working together to shape the bright future of Comcast.. 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. Prior to this, he served as the Co-President and Co-Chief Operating Officer of Carlyle Group Management L.l.c., until May 8, 2015. Comcast said it signed a new employment agreement with recently named president Michael Cavanagh that runs through December 31, 2027. 2 min read Comcast Corporation Comcast Corporation announced Wednesday that Chief Financial Officer (CFO) Mike Cavanagh has been promoted to the added role of. 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. Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. In this role, Mike co-headed all investment banking, cash management, investor services and the largest global markets and trading business in the world. With his leadership, the company has expanded its reach significantly in the U.S. and globally, Comcast said. Cavanagh was raised on Long Island in an Irish-Catholic family. 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. PHILADELPHIA -- (BUSINESS WIRE)--Oct. 12, 2022-- Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has been named President. The Brian Roberts-led Comcast. 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 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. from Yale University and a J.D. He also serves on the board of software company HealthVerity and is a member of the Council on Foreign Relations. from Yale and a J.D. I look forward to working together to shape the bright future of Comcast., Cavanagh joined Philadelphia-headquartered Comcast seven years ago as chief financial officer (CFO). Philadelphia, PA Comcast Corporation today announced that Mike Cavanagh has been named President. Michael J. Cavanagh serves as Senior Executive Vice President and Chief Financial Officer of Comcast Corporation. What Could Elon Musk Possibly Be Thinking? Cavanagh earned a B.A. 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. Genre. 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. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry, primarily for JPMorganChase and the Carlyle Group. More from Deadline. 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 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. Variety is a part of Penske Media Corporation. Comcast reported revenue of $116.4 billion for fiscal year 2021. Comcast shares closed at $28.69 Wednesday, up 0.03%. While Comcast stock price hasnt fallen as much as some of its Hollywood peers this year Warner Bros. 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. 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,. 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. Comcast said on Wednesday that it has promoted chief financial officer Mike Cavanagh to the added role of president. Mike Cavanaugh. 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 . Gift this article. The Brian Roberts-led Comcast disclosed Dec. 30 that it entered into a new employment agreement with Cavanagh through the end of 2027. Oct. 12, 2022, 08:24 AM. 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. 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. As of 17 March 2022 Corporation has approximately 189,000 employees worldwide and $ 116 billion in revenue! 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