Member Since. 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. Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. He will remain chief financial officer. from the University of Chicago. Comcast Corporation Promotes Mike Cavanagh to President. 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 has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. Mr. Cavanagh is also a director of Yum! With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. 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. He rowed at Yale. 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. Learn More on Michael J. Cavanagh's trading history. from Yale University and a J.D. 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 . 2 min read Comcast Corporation Comcast Corporation announced Wednesday that Chief Financial Officer (CFO) Mike Cavanagh has been promoted to the added role of. In the last twelve months, insiders at the cable giant sold shares 8 times. 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. New Comcast CFO says company must avoid complacency. The Brian Roberts-led Comcast. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. He is from United States. The Brian Roberts-led Comcast. There are 1 executives at Comcast Corp getting paid more, with BrianRoberts having the highest compensation of $36,370,200. There are 18 older and 3 younger executives at Comcast Corp. This chart shows Mr. Michael J. Cavanagh's buying and selling at Comcast by year and by quarter. Mike joined the company seven years ago . What's on TV & Streaming Top 250 TV Shows Most Popular TV Shows Browse TV Shows by Genre TV News India TV Spotlight. Michael J. Cavanagh works as Chief Financial Officer at Comcast Corporation. And no matter what his role, Mike has always acted with integrity and high character, combined with intelligence, passion and hard work. Philadelphia, PA Comcast Corporation today announced that Mike Cavanagh has been named President. Mike came to Comcast after more than 20 years in the financial services industry. 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. Its an honor to work with Brian to lead this great company, Cavanagh added. 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. 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. The global economy also faces a potential recession. He'll. He is a member of the Council on Foreign Relations and serves on the board of HealthVerity. 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. To zoom out, use the keyboard shortcut [Ctrl] + [-] in Windows and [Cmd] + [-] on a Mac. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. 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. 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. You can see the complete history of Mr. Cavanagh stock trades at the bottom of the page. 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. 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.. More from Deadline. By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. 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 Corporation (NASDAQ:CMCSA) announced that current CFO Mike Cavanagh has been also named President.Mike will be the third President in the company's . Mr. Cavanagh has served as the Chief Financial Officer of Comcast Corporation since July 2015. Get notified the next time Michael J. Cavanagh buys or sells Comcast stock. 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. Learn More From Comcast Careers Comcast Careers Blog How We Hire Our Culture FAQ Salary in 2022. 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. Learn More on Michael J. Cavanagh's contact information. Cavanagh will be only the third president in the company's 59-year history. Eat steak, play golf, be happy! Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. 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 The estimated Net Worth of Michael J Cavanagh is at least $34.5 Million dollars as of 17 March 2022. But a rogue trader in London in 2012 cost JPMorgan about $6 billion and brought regulators down on it. (RTTNews) - Comcast Corp. (CMCSA) announced the appointment of Mike Cavanagh as President. 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. Emily Cavanagh, Lisa Washington, and Gene LeFevre each bring their own expertise and passion for our mission. Michael Cavanagh is 54, he's been the Chief Financial Officer and Senior Executive Vice President of Comcast Corp since 2015. 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.Handpicked by Billy Joel to star in Movin' Out, Cavanaugh evokes a style rivaling the Piano Man.He appeared in the show for three years with over 1,200 performances and received multiple accolades. Gift this article. PHILADELPHIA, Pa. - Comcast Corporation today announced that Mike Cavanagh has been named 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. Track your investments 24 hours a day, around the clock from around the world. Mike Cavanagh - @MikeCavanagh9. Mike joined Comcast seven years ago as Chief Financial Officer. 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. 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. Cavanagh came to the company seven years ago as the CFO following a stint as co-president and co-chief operating officer of private equity giant Carlyle Group. 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. 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. 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. 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. Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. Cavanagh, also the companys chief financial officer, has not been appointed to the board. An Inquirer reporter since 1993, I report stories with an emphasis on enterprise, corporations, college debt, and features with a money angle. He will continue to serve as chief. Cavanagh, 56, has served as CFO since 2015 and will continue in that role in addition to his . 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. Live market coverage co-anchored from Hong Kong and New York. . June 2016. edit data. Michael J. Cavanagh has not been actively trading shares of Comcast during the last quarter. 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 said that it had already repurchased $9 billion worth this year. It most recently tallied revenue of $29.85 billion in the third quarter of 2022, ending Sept. 30. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Michael Cavanagh Work Experience and Education. The most active insiders traders include Brian L Roberts, Stephen B Burke, and David L Cohen. 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 . With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. from Yale University and a J.D. 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.. Oct. 12, 2022, 08:24 AM. PHILADELPHIA -- (BUSINESS WIRE)--Oct. 12, 2022-- 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. Comcast said chief financial officer Mike Cavanagh has been promoted to president, working with chairman and CEO Brian Roberts. Mike came to Comcast after more than 20 years in the financial services industry. Mr. Cavanagh has a broad range of responsibilities, partnering with the Chairman and CEO to manage all aspects of the business and corporate team. Comcast Corporation is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Mike Cavanagh has been Comcast's chief financial officer since 2015. Cavanagh has been finance chief of the media and technology company for the last seven years. Awesome wife and daughter. Michael Cavanagh is 54, he's been the Chief Financial Officer and Senior Executive Vice President of Comcast Corp since 2015. 2-min read PHILADELPHIA, March 01, 2023 -- ( BUSINESS WIRE )--Comcast Corporation today announced that Anand Kini has been named Executive Vice President, Corporate. The prices in other telecom and entertainment companies, among them Verizon, Walt Disney and Netflix, have also declined. from the University of Chicago. A member of the Republican Party, Youngkin defeated former Democratic governor Terry McAuliffe in the 2021 Virginia gubernatorial election. 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. With this promotion, Mike will work closely with . In promoting the exec, Comcast described his new role as working closely with CEO Roberts to manage the businesses and teams across the company. Cavanagh additionally sits on the board of directors at software firm HealthVerity and is on the membership roster of the Council on Foreign Relations. All Rights Reserved. As the Sr. EVP & CFO of Comcast Co., Mr. Cavanagh earned a total compensation package of $369,489.00 in 2021. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. The Media segment consists of NBCUniversal's television and streaming platforms, including national, regional, and international cable networks. He serves on the Board of Trustees of Yale and is Chairman of its Investment Committee. 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 will continue to act as Comcasts chief financial officer. He also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. 2023 The Hollywood Reporter, LLC. 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. Mike joined Comcast in 2015 as the companys Chief Financial Officer after spending more than 20 years in the financial services industry. from Yale University and a J.D. We have exceptional businesses with world-class executives in Dana, Dave, and Jeff and Im proud to call them my partners. The oldest executive at Comcast Corp is Maritza Montiel, 68, who is the Independent Director. Information on this page was last updated on 2/21/2023. Learn More about insider trades at Comcast. Learn More on Michael J. Cavanagh's contact information. Michael's mailing address filed with the SEC is ONE COMCAST CENTER, , PHILADELPHIA, PA, 19103. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. Previously, Cavanagh was CEO of the firm's Treasury & Securities Services division, 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. They sold a total of 7,602,130 shares worth more than $22,410,930.47. Bloomberg Daybreak Asia. 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. 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. 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Overnight on Wall Street is daytime in Asia. Learn More on Comcast's active insiders. Mike earned a B.A. Prior to that, he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. Markets never sleep, and neither does Bloomberg. 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). 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. He will remain Chief Financial Officer. 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. While Comcast stock price hasnt fallen as much as some of its Hollywood peers this year Warner Bros. Mike Cavanagh is now in his sixties and has no idea how that happened. Michael Cavanagh serves as Chief Financial Officer of Comcast 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. Enter your email address below to get our daily insider buying and selling report. Previously he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, Roberts said. News Wire Feed Light Reading 10/12/2022. He was the Co-CEO of JPMorgan Chase's . Burke sat on the JPMorgan board and knew Cavanagh through board presentations. 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. . Last updated: 18 March 2022 at 5:05pm EST. 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 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. TV Shows. from Yale and a J.D. 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. 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. Connection, like your IP address, Browsing and search activity while using Yahoo websites and apps election... Not been appointed to the board of directors at software firm HealthVerity and is a member the! 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