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. Michael Cavanagh serves as Chief Financial Officer of Comcast Corporation. Comcast Corporation (NASDAQ: CMCSA) on Oct. 12 announced that its present chief financial officer, Mike Cavanagh, has been named president of the company. Mike will be only the third President in the companys 59-year history. 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. 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. He will remain Chief Financial Officer. 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. 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. (Podcast). Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. Learn More From Comcast Careers Comcast Careers Blog How We Hire Our Culture FAQ 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 estimated Net Worth of Michael J Cavanagh is at least $34.5 Million dollars as of 17 March 2022. He also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. 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. 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. from Yale University and a J.D. 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. They peaked in August 2021 at about $60 a share. In addition, at JPMorgan Chase and its predecessor firms, Mr. Cavanagh 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. Brian Roberts, Comcast's chairman and CEO, had previously held the title of president. The most active insiders traders include Brian L Roberts, Stephen B Burke, and David L Cohen. He was Co-CEO of JPMorgan Chase's Corporate & Investment Bank from 2012 to 2014, a global leader in its. Mike has a broad range of responsibilities, partnering with Chairman and CEO Brian Roberts to manage all aspects of the business and corporate team. 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 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 Most recently he exercised 53,400 units of CMCSA stock worth $1,956,042 on 17 March 2022. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. He is also on the board of Yale University and Member of Council on Foreign Relations, Inc. Michael Cavanagh is 54, he's been the Chief Financial Officer and Senior Executive Vice President of Comcast Corp since 2015. PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has been named President. Mike joined Comcast seven years ago as Chief Financial Officer. Cavanagh, 56, has served as CFO since 2015 and will continue in that role in addition to his promotion to president. 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). Mr. Cavanagh has served as the Chief Financial Officer of Comcast Corporation since July 2015. 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 You can see the complete history of Mr. Cavanagh stock trades at the bottom of the page. Learn More on Comcast's active insiders. What Could Elon Musk Possibly Be Thinking? Comcast Corporation Promotes Mike Cavanagh to President Business Wire PHILADELPHIA -- October 12, 2022 Comcast Corporation (Nasdaq: CMCSA) today announced that Mike Cavanagh has . Mike Cavanagh is only the third president in the companys 59-year history. 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. Michael Cavanagh Work Experience and Education. Comcast Launches 'Free This Week', Increasing Access To Streaming And Premium Network Fare For Xfinity X1 And . With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the . Comcast can also be reached via phone at (215) 286-1700. 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. Enter your email address below to get our daily insider buying and selling report. 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. We, Yahoo, are part of the Yahoo family of brands. 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. 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. The oldest executive at Comcast Corp is Maritza Montiel, 68, who is the Independent Director. Show all results. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. Awesome wife and daughter. Mike joined Comcast in 2015 as the companys Chief Financial Officer after spending more than 20 years in the financial services industry. With this promotion, Mike will work closely with . He'll. Subscribe for full access to The Hollywood Reporter. Mike Cavanagh has been Comcast's chief financial officer since 2015. He serves on the board of trustees of Yale and is chairman of its investment committee, which has more than $40 billion under management. Cavanagh said in a statement that he looks forward to working together to shape the bright future of Comcast. He was compensated $27.4 million last year. Last month, Comcasts board sought to bolster the companys stock by purchasing up to $20 billion in shares as investors sold them. 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.. He is from United States. And no matter what his role, Mike has always acted with integrity and high character, combined with intelligence, passion and hard work. The chief financial officer of the Philadelphia-headquartered conglomerate was given additional duties in October. On average, Michael trades about 15,269 units every 52 days since 2012. Mr. Cavanagh has a broad range of responsibilities, partnering with the Chairman and CEO to manage all aspects of the business and corporate team. Cavanagh will be only the third president in the company's 59-year history. Comcast named Michael J. Cavanagh as its chief financial officer Monday. Michael's mailing address filed with the SEC is ONE COMCAST CENTER, , PHILADELPHIA, PA, 19103. You can change your choices at any time by visiting your privacy controls. Variety is a part of Penske Media Corporation. I look forward to working together to shape the bright future of Comcast.. 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. Since then Michael has changed 3 companies and 2 roles. Chart Data in Insider Trading History Table. 2023 Variety Media, LLC. Learn More on Michael J. Cavanagh's salary. . 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. The Brian Roberts-led Comcast disclosed Dec. 30 that it entered into a new employment agreement with Cavanagh through the end of 2027. "With his leadership, the company has expanded its reach significantly in the U.S. and. 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. 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. BREAKING: Tiny biotech successfully treats blindness. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. October 12, 2022. 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. 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 came to Comcast after more than 20 years in the financial services industry. Find out more about how we use your information in our privacy policy and cookie policy. 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. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, Roberts said. In this role, Mike co-headed all investment banking, cash management, investor services and the largest global markets and trading business in the world. Gift this article. 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. (RTTNews) - Comcast Corp. (CMCSA) announced the appointment of Mike Cavanagh as President. Information on this page was last updated on 2/21/2023. Overnight on Wall Street is daytime in Asia. Mr. Cavanagh earned a B.A. The oldest executive at Comcast Corp is MaritzaMontiel, 68, who is the Independent Director. Cavanaugh, who has spent nearly his entire coaching career mentoring offensive linemen, spent the last three seasons as the . October 12, 2022. in News. 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. from the University of Chicago. Prior to that, he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. 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 Cavanagh is now in his sixties and has no idea how that happened. 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. A member of the Republican Party, Youngkin defeated former Democratic governor Terry McAuliffe in the 2021 Virginia gubernatorial election. Why? Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. Learn More on Michael J. Cavanagh's trading history. 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. 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. He serves on the Board of Trustees of Yale and is Chairman of its Investment Committee. Cavanagh serves on the Board of Trustees of Yale University and as chair of its investment committee. 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 . 2-min read PHILADELPHIA, March 01, 2023 -- ( BUSINESS WIRE )--Comcast Corporation today announced that Anand Kini has been named Executive Vice President, Corporate. Track your investments 24 hours a day, around the clock from around the world. "With his leadership, the company has expanded its reach significantly in the U.S. and. Prior to entering politics, he spent 25 years at the private-equity firm the Carlyle Group . Cavanagh joined Philadelphia-headquartered Comcast seven years ago as chief financial officer (CFO). 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. . 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. Markets never sleep, and neither does Bloomberg. Comcast Corporation (Nasdaq: CMCSA) 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. Cavanagh was raised on Long Island in an Irish-Catholic family. Comcast Corporation announced Wednesday that Chief Financial Officer (CFO) Mike Cavanagh has been promoted to the added role of President, making him the the third in the company's 59-year history. The Studios segment focuses on NBCUniversal's film and television studio production and distribution operations. 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. Cavanagh earned a B.A. He will continue to act as Comcasts chief financial officer. Michael J. Cavanagh works as Chief Financial Officer at Comcast Corporation. To zoom out, use the keyboard shortcut [Ctrl] + [-] in Windows and [Cmd] + [-] on a Mac. Its an honor to work with Brian to lead this great company, Cavanagh added. Handpicked by Billy Joel to star in Movin' Out, Cavanaugh evokes a style rivaling the Piano Man. The Hollywood Reporter is a part of Penske Media Corporation. 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. 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 Promotes Mike Cavanagh to President. 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