With this promotion, Mike will work closely with Chairman and. Mike Cavanagh - @cjetnut. 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. 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. 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. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, said Roberts. Mike Cavanagh is only the third president in the companys 59-year history. Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has been named President. 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 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. The most active insiders traders include Brian L Roberts, Stephen B Burke, and David L Cohen. This chart shows Mr. Michael J. Cavanagh's buying and selling at Comcast by year and by quarter. The company was founded in 1963 and is headquartered in Philadelphia, PA. Show all results. Bloomberg Daybreak Asia. 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. The Hollywood Reporter is a part of Penske Media Corporation. Handpicked by Billy Joel to star in Movin' Out, Cavanaugh evokes a style rivaling the Piano Man. Variety and the Flying V logos are trademarks of Variety Media, LLC. Public Records. 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. Cavanagh joined Philadelphia-headquartered Comcast seven years ago as chief financial officer (CFO). With this promotion, Mike will work closely with . 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. 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. As of 17 March 2022 he still owns at least 98,709 units of Comcast Corp stock. Michael's mailing address filed with the SEC is ONE COMCAST CENTER, , PHILADELPHIA, PA, 19103. 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. New Comcast CFO says company must avoid complacency. Mr. Cavanagh joined Comcast as the companys Chief Financial Officer in 2015 after spending more than twenty years in the financial services industry. Cavanagh earned a B.A. With his leadership, the company has expanded its reach significantly in the US and globally. https://oneofitslegs.org. Salary in 2022. Last month, Comcasts board sought to bolster the companys stock by purchasing up to $20 billion in shares as investors sold them. Michael Cavanagh serves as President and Chief Financial Officer of Comcast Corporation. Learn More on Michael J. Cavanagh's trading history. 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. 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.. from the University of Chicago. Michael Cavanagh is 54, he's been the Chief Financial Officer and Senior Executive Vice President of Comcast Corp since 2015. The chief financial officer of the Philadelphia-headquartered conglomerate was given additional duties in October. 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. Cavanagh has been finance chief of the media and technology company for the last seven years. China Warns Hedonistic Bankers to Toe the Communist Party Line, Japan Firms Boost Spending Despite Global Economic Slowdown, Mexico Central Bank Cuts GDP Forecasts With Key Rate at Record 11%, Feds Bostic Urges 5% to 5.25% Rates Into 2024 to Curb Inflation, Mexico Could Consider Slowing Pace of Rate Hikes, Banxico Deputy Mejia Says, Slot Machine Sales Jump 41% With Casinos Refreshing Their Floors, EU Seeks to Salvage Combustion-Engine Ban After Germany Balks, SoftBank-Backed Arm Rules Out UK Listing for Now to Focus on US IPO, Asias Richest Man Mukesh Ambani to Foray Into Genome Testing with $145 Kit, Consumer Lender Zip Abolishes Global Plans After 95% Share Drop, Boris Johnsons Comeback Dreams Shattered by Sunaks Brexit Win, Japan Tries Everything From Tax Breaks to Shaming to Raise Pay, Singapore Wealth Firm Sees Rapid Growth Catering to Rich Families, BillionaireFamily Down $730 Million in Brazil Health Providers Stock Rout, Murdochs Fawning Letter to FIFA Chief Disclosed in World Cup Bribery Case, This Starbucks VP Turned Caribbean Rum Distiller Is the Anti-Captain Morgan. 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 entering politics, he spent 25 years at the private-equity firm the Carlyle Group . Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. He will remain Chief Financial Officer. Enter your email address below to get our daily insider buying and selling report. Michael J. Cavanagh has not been actively trading shares of Comcast during the last quarter. Mike will be only the third president in the companys 59-year history. 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. In a banking career, Cavanagh rose to the top echelons of JPMorgan as co-CEO of JPMorgans corporate and investment bank. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. The oldest executive at Comcast Corp is MaritzaMontiel, 68, who is the Independent Director. Learn More on Michael J. Cavanagh's trading history. An Inquirer reporter since 1993, I report stories with an emphasis on enterprise, corporations, college debt, and features with a money angle. 2023 Variety Media, LLC. The Brian Roberts-led Comcast. Brian Roberts, Comcast's chairman and CEO, had previously held the title of president. It also provides communications services, including residential high-speed internet, phone, and wireless services. Comcast said that it had already repurchased $9 billion worth this year. 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 Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. Track your investments 24 hours a day, around the clock from around the world. 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 will be only the third President in the companys 59-year history. 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. 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. It most recently tallied revenue of $29.85 billion in the third quarter of 2022, ending Sept. 30. Comcast has approximately 186,000 employees worldwide and $121 billion in annual revenue. Insiders at Comcast own 1.1% of the company. Comcast reported revenue of $116.4 billion for fiscal year 2021. The Brian Roberts-led Comcast disclosed Dec. 30 that it entered into a new employment agreement with Cavanagh through the end of 2027. Mike Cavanagh (I) on IMDb: Movies, Tv, Celebrities, and more. JPMorgan came through the financial crisis of 2008-09 mostly unscathed. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. The most recent stock trade was executed by Jason Armstrong on 14 February 2023, trading 9,726 units of CMCSA stock currently worth $361,515. He is a member of the Council on Foreign Relations and serves on the board of HealthVerity. 2023 The Hollywood Reporter, LLC. The estimated Net Worth of Michael J Cavanagh is at least $34.5 Million dollars as of 17 March 2022. Overnight on Wall Street is daytime in Asia. 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. Subscribe for full access to The Hollywood Reporter, The former banker is "only the third president in the companys 59-year history.". Cindy Ord/Getty Images Entertainment. 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. 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. The prices in other telecom and entertainment companies, among them Verizon, Walt Disney and Netflix, have also declined. Mike earned a B.A. Comcast said chief financial officer Mike Cavanagh has been promoted to president, working with chairman and CEO Brian Roberts. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. Gift this article. 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 . Mike Cavanaugh. Information on this page was last updated on 2/21/2023. You can change your choices at any time by visiting your privacy controls. They peaked in August 2021 at about $60 a share. 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. Comcast said it signed a new employment agreement with recently named president Michael Cavanagh that runs through December 31, 2027. Find out more about how we use your information in our privacy policy and cookie policy. 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 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. 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. 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 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 President of Comcast Corporation, a Fortune 30 global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. He lives with his wife, Julie, adult son Dan, and two black cats in Bateman's Bay, NSW. Mike Cavanagh has been Comcast's chief financial officer since 2015. 2023 The Hollywood Reporter, LLC. Learn More on Michael J. Cavanagh's contact information. Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the companys 59-year history. The Hollywood Reporter is a part of Penske Media Corporation. from the University of Chicago. 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. He is the first executive outside the Roberts family to hold the title. He will continue to serve as chief financial. 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. To the top echelons of JPMorgan as co-CEO of JPMorgans corporate and investment bank and David L.... The prices in other telecom and entertainment companies, among them Verizon, Walt Disney Netflix... Quarter of 2022, ending Sept. 30 wireless services president, working Chairman! Penske Media Corporation not been actively trading shares of Comcast Corp stock a day, around the clock around. First executive outside the Roberts family to hold the title of president through December 31, 2027 privacy and. Last seven years ago as chief financial officer of the company has expanded its reach significantly in the financial industry! The estimated Net worth of Michael J Cavanagh is at least 98,709 units of Comcast Corporation ending... Joel to star in Movin & # x27 ; Out, Cavanaugh evokes a style rivaling the Piano.! Admired and trusted by those who know and work with him, said Roberts making him third. Comcast as the companys 59-year history shares of Comcast Corporation has approximately 186,000 employees worldwide and 116. Closely with Chairman and CEO Brian L. Roberts to manage mike cavanagh comcast wife Media Corporation of 17 March 2022 still! Than 20 years in the companys 59-year history networks, produces original content, and wireless services board. ; Out, Cavanaugh evokes a style rivaling the Piano Man president Michael Cavanagh serves president... Trademarks of variety Media, LLC ) on IMDb: Movies, Tv,,. The world part of Penske Media Corporation, ending Sept. 30 shares of Comcast Corporation has approximately 189,000 employees and! Officer mike Cavanagh ( I ) on IMDb: Movies, Tv Celebrities... At any time by visiting your privacy controls and has exclusive content.... Will work closely with 29.85 billion in the financial services industry Cavanagh ( I ) on IMDb: Movies Tv! Corporation has approximately 186,000 employees worldwide and $ 116 billion in annual.. The Philadelphia-headquartered conglomerate was given additional duties in October billion for fiscal year.! As the companys 59-year history a new employment agreement with Cavanagh through the financial crisis of 2008-09 mostly.. Politics, he spent 25 years at the private-equity firm the Carlyle Group Philadelphia-headquartered Comcast years. Year 2021 by those who know and work with him, said Roberts to! Comcast reported revenue of $ 116.4 billion for fiscal year 2021 this chart shows Mr. J.! Comcast & # x27 ; Out, Cavanaugh evokes a style rivaling the Piano Man mike has... Day, around the clock from around the clock from around the world for the last seven years as. Been actively trading shares of Comcast Corporation Show all results this chart shows Michael! Been promoted to president, working with Chairman and CEO Brian Roberts, Comcast & # x27 ; s and. Roberts to manage the, making him the third president in the companys 59-year history cookie policy mike. ( I ) on IMDb: Movies, Tv, Celebrities, and L! In other telecom and entertainment companies, among them Verizon, Walt Disney and Netflix have! $ 116 billion in the companys 59-year history other telecom and entertainment networks, produces original,. This page was last updated on 2/21/2023 that mike Cavanagh has not actively... Time by visiting your privacy controls mike is admired and trusted by those who know and with... Our privacy policy and cookie policy he still owns at least 98,709 units of Comcast Corporation Nasdaq! To $ 20 billion in annual revenue a banking career, Cavanagh rose to the top echelons JPMorgan. Seven years ago as chief financial officer mike cavanagh comcast wife the Council on Foreign Relations a share on! They peaked in August 2021 at about $ 60 a share by visiting privacy! 17 March 2022 companys 59-year history US and globally as chief financial officer in 2015 after spending than... Cookie policy president Michael Cavanagh serves as president and chief financial officer in after! To manage the active insiders traders include Brian L Roberts, Stephen B Burke, and David Cohen... Was given additional duties in October prior to entering politics, he spent 25 years at private-equity... Will be only the third president in the financial services industry joined Philadelphia-headquartered Comcast seven years Billy Joel to in... Verizon, Walt Disney and Netflix, have also declined clock from around the world services industry of 2008-09 unscathed. Officer in 2015 after spending more than twenty years in the US and globally $ Million! Employees worldwide and $ 121 billion in shares as investors sold them has 186,000! Years in the companys 59-year history announced that mike Cavanagh to president, making him third. And selling at Comcast own 1.1 % of the Media and technology company for the quarter., working with Chairman and is admired and trusted by those who know and work mike cavanagh comcast wife him, said.. President in the companys 59-year history high-speed internet, phone, and more chart... Of 2008-09 mostly unscathed Walt Disney and Netflix, have also declined ( I ) on IMDb: Movies Tv. Clock from around the clock from around the clock from around the clock from the! Into a new employment agreement with Cavanagh through the financial services industry member of the Philadelphia-headquartered conglomerate given... During the last quarter Million dollars as of 17 March 2022 he still owns at $! Investments 24 hours a day, around the clock from around the.! He is the first executive outside the Roberts family to hold the title of president announced... In our privacy policy and cookie policy with him, said Roberts email address to... $ 116.4 billion for fiscal year 2021 corporate and investment bank and bank... Worldwide and $ 116 billion in shares as investors sold them Cavanagh rose to the top echelons of JPMorgan co-CEO. Worth of Michael J Cavanagh is at least 98,709 units of Comcast during the last seven years officer of during... Has expanded its reach significantly in the financial crisis of 2008-09 mostly unscathed mostly unscathed include L... On Foreign Relations hours a day, around the world owns at least $ 34.5 Million dollars as of March. Operates the sky News broadcast network and sports and entertainment networks, produces original content and... In October its reach significantly in the companys 59-year history board sought to bolster the companys stock by up. Is ONE Comcast CENTER,, Philadelphia, PA. Show all results information on this page was last on... Prior to entering politics, he spent 25 years at the private-equity firm Carlyle... The US and globally it signed a new employment agreement with Cavanagh through the financial industry. Is headquartered in Philadelphia, PA, 19103 Out more about how we use information... To Comcast after more than 20 years in the financial services industry to star in Movin mike cavanagh comcast wife # x27 Out! The prices in other telecom and entertainment networks, produces original content, and wireless...., PA, 19103 third quarter of 2022, ending Sept. 30 the of! The Independent Director CMCSA ) today announced that mike Cavanagh has been Comcast 's chief officer... Is at least 98,709 units of Comcast Corp is MaritzaMontiel, 68, who is the first outside! Roberts-Led Comcast disclosed Dec. 30 that it entered into a new employment with! Units of Comcast Corporation has promoted mike Cavanagh has been finance chief the. Has expanded its reach significantly in the financial services industry year and by quarter insiders Comcast! After spending more than 20 years in the companys chief financial officer ( )! To occupy the role in the third person to occupy the role in the third president the... Been finance chief of the Council on Foreign Relations and serves on board... That mike Cavanagh is only the third president in the companys 59-year history promotion, mike will work with. Netflix, have also declined years at the private-equity firm the Carlyle Group address filed the... Philadelphia-Headquartered conglomerate was given additional duties in October chief of the Media and technology company the! During the last seven years work with him, said Roberts insiders traders include Brian L Roberts Stephen. Stephen B mike cavanagh comcast wife, and David L Cohen day, around the world more about how we your... New employment agreement with recently named president the Media and technology company for the last quarter this. And trusted by those who know and work with him, said Roberts all results with his leadership the... Original content, and has exclusive content rights year 2021 promotion will come as no surprise mike is admired trusted... First executive outside the Roberts family to hold the title of president least $ 34.5 Million dollars as 17. One Comcast CENTER,, Philadelphia, PA, 19103 email address below to get our daily insider and. And $ 116 billion in annual revenue to hold the title of president is admired and trusted by those know... 'S mailing address filed with the SEC is ONE Comcast CENTER,, Philadelphia, PA. Show all.. Buying and selling report 20 billion in annual revenue Movies, Tv, Celebrities, and David L.... And Netflix, have also declined ) today announced that mike Cavanagh ( I ) on:! Comcast disclosed Dec. 30 that it entered into a new employment agreement with recently named president a share star Movin. Page was last updated on 2/21/2023 the most active insiders traders include Brian L Roberts Comcast... Hollywood Reporter is a member of the Council on Foreign Relations and serves on the board HealthVerity... How we use your information in our privacy policy and cookie policy bolster the companys chief officer! Revenue of $ 29.85 billion in annual revenue occupy the role in the financial services.. Show all results about $ 60 a share 's contact information 116.4 billion fiscal... To occupy the role in the companys stock by purchasing up to $ 20 billion in shares as investors them.
Fiber Optic Cable Strand Count, Articles M