Mike Cavanaugh. Handpicked by Billy Joel to star in Movin' Out, Cavanaugh evokes a style rivaling the Piano Man. The oldest executive at Comcast Corp is MaritzaMontiel, 68, who is the Independent Director. On average, Comcast Corp executives and independent directors trade stock every 9 days with the average trade being worth of $3,606,828. The Brian Roberts-led Comcast. 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. Mike Cavanagh (I) on IMDb: Movies, Tv, Celebrities, and more. Comcast said on Wednesday that it has promoted chief financial officer Mike Cavanagh to the added role of president. 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. Cavanaugh, who has spent nearly his entire coaching career mentoring offensive linemen, spent the last three seasons as the . It also provides communications services, including residential high-speed internet, phone, and wireless services. 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. 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. The corporate mailing address for Mr. Cavanagh and other Comcast executives is One Comcast Center, Philadelphia PA, 19103. He will remain Chief Financial Officer. Comcast Corporation has promoted Mike Cavanagh to president, making him the third person to occupy the role in the company's 59-year history. 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 has approximately 186,000 employees worldwide and $121 billion in annual revenue. He was the Co-CEO of JPMorgan Chase's . Bloomberg Daybreak Asia. The most active insiders traders include Brian L Roberts, Stephen B Burke, and David L Cohen. 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. Movies. The Hollywood Reporter is a part of Penske Media Corporation. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the . Public Records. He lives with his wife, Julie, adult son Dan, and two black cats in Bateman's Bay, NSW. 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 will continue to act as Comcasts chief financial officer. Comcast Corporation Promotes Mike Cavanagh to President. The company will report its full . There are 1 executives at Comcast Corp getting paid more, with BrianRoberts having the highest compensation of $36,370,200. On average, Michael trades about 15,269 units every 52 days since 2012. He'll. 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. He was Co-CEO of JPMorgan Chase's Corporate & Investment Bank from 2012 to 2014, a global leader in its. Michael J. Cavanagh serves as Chief Financial Officer, Senior Executive Vice President of the Company. 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.. 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. 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. Mike joined Comcast seven years ago as Chief Financial Officer. There are 18 older and 3 younger executives at Comcast Corp. 2023 Variety Media, LLC. We have exceptional businesses with world-class executives in (Sky CEO) Dana (Strong), (Comcast Cable CEO) Dave (Watson) and (NBCUniversal CEO) Jeff (Shell), and Im proud to call them my partners. 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. 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. As the Sr. EVP & CFO of Comcast Co., Mr. Cavanagh earned a total compensation package of $369,489.00 in 2021. All Rights Reserved. What Could Elon Musk Possibly Be Thinking? Why? 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, it said. 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 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. Its an honor to work with Brian to lead this great company, Cavanagh added. In the last twelve months, insiders at the cable giant sold shares 8 times. He serves on the Board of Trustees of Yale and is Chairman of its Investment Committee. He also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. 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. In 2019 we welcomed three new members to our board, including a new representative of the Free Library of Philadelphia Foundation Board of Directors. The estimated Net Worth of Michael J Cavanagh is at least $34.5 Million dollars as of 17 March 2022. Currently, Michael Cavanagh works as a Chief Financial Officer at Comcast. The Hollywood Reporter is a part of Penske Media Corporation. 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. With this promotion, Mike will work closely with Chairman and. Mr. Cavanagh was appointed a successor trustee in 2020. 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. 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. Net Worth in 2022. 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. Mike Cavanagh is only the third president in the companys 59-year history. Learn More on Michael J. Cavanagh's contact information. Cavanaghs connection to Comcast can be traced through Steve Burke, a longtime Comcast executive and former head of NBCUniversal. Comcast Corporation (NASDAQ: CMCSA) on Oct. 12 announced that its present chief financial officer, Mike Cavanagh, has been named president of the company. 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. Michael Cavanagh serves as President and Chief Financial Officer of Comcast Corporation. We, Yahoo, are part of the Yahoo family of brands. Learn More on Michael J. Cavanagh's trading history. He also serves on the board of software company HealthVerity and is a member of the Council on Foreign Relations. 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. Cavanagh additionally sits on the board of directors at software firm HealthVerity and is on the membership roster of the Council on Foreign Relations. He is the first executive outside the Roberts family to hold the title. Cavanagh, 56, has served as CFO since 2015 and will continue in that role in addition to his . The most recent insider tranaction occured on February, 21st when Major Shareholder Corp Comcast sold 37,176 shares worth more than $75,467.28. 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. Previously he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. 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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 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. 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. June 2016. edit data. Two other adult children, left home eventually, complete the extended menagerie. Subscribe for full access to The Hollywood Reporter, The former banker is "only the third president in the companys 59-year history.". He is from United States. 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 prices in other telecom and entertainment companies, among them Verizon, Walt Disney and Netflix, have also declined. All Rights Reserved. Comcast CFO Mike Cavanagh will take on the additional role of president. 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. He is also a member of the firm's Operating Committee and Executive Committee. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. from the University of Chicago. 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. 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,. He is the first executive outside the Roberts family to hold the title. 2-min read PHILADELPHIA, March 01, 2023 -- ( BUSINESS WIRE )--Comcast Corporation today announced that Anand Kini has been named Executive Vice President, Corporate. 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. Genre. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry, primarily for JPMorganChase and the Carlyle Group. Mike joined Comcast in 2015 as the companys Chief Financial Officer after spending more than 20 years in the financial services industry. Michael J. Cavanagh has not been actively trading shares of Comcast during the last quarter. Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. 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. 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. Mr. Cavanagh has a broad range of responsibilities, partnering with the Chairman and CEO to manage all aspects of the business and corporate team. We have estimated Michael Cavanaugh's net worth , money, salary, income, and assets. Burke and Dimon attended Harvard Business School together, graduating in 1982. (Podcast). To zoom in, use [Ctrl] + [+] in Windows, and [Cmd] + [+] on a Mac. Overnight on Wall Street is daytime in Asia. More from Deadline. Learn More on Michael J. Cavanagh's contact information. Learn More on Comcast's active insiders. As Chief Financial Officer at COMCAST CORP, Michael J. Cavanagh made $27,356,996 in total compensation. 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.. (RTTNews) - Comcast Corp. (CMCSA) announced the appointment of Mike Cavanagh as President. Mike joined the company seven years ago . He will remain chief financial officer. He also served as JPMorgan Chases CFO for six years helping steer the company to successfully navigate the financial crisis. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. New Comcast CFO says company must avoid complacency. 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. While Comcast stock price hasnt fallen as much as some of its Hollywood peers this year Warner Bros. The Media segment consists of NBCUniversal's television and streaming platforms, including national, regional, and international cable networks. 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. Burke was also friends with Jamie Dimon, JPMorgans chief executive and chairman. He is also on the board of Yale University and Member of Council on Foreign Relations, Inc. With his leadership, the company has expanded its reach significantly in the US and globally. Most recently he exercised 53,400 units of CMCSA stock worth $1,956,042 on 17 March 2022. Michael Cavanagh serves as Chief Financial Officer of Comcast Corporation. It looks like you're trying to zoom in on this 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. What's on TV & Streaming Top 250 TV Shows Most Popular TV Shows Browse TV Shows by Genre TV News India TV Spotlight. 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.
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