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 2-min read PHILADELPHIA, March 01, 2023 -- ( BUSINESS WIRE )--Comcast Corporation today announced that Anand Kini has been named Executive Vice President, Corporate. Click Manage settings for more information and to manage your choices. 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. 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. New Comcast CFO says company must avoid complacency. 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. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. Comcast said chief financial officer Mike Cavanagh has been promoted to president, working with chairman and CEO Brian Roberts. Comcast Corporation Promotes Mike Cavanagh to President. Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. I look forward to working together to shape the bright future of Comcast.. Learn More on Michael J. Cavanagh's salary. Prior to entering politics, he spent 25 years at the private-equity firm the Carlyle Group . Cavanagh was raised on Long Island in an Irish-Catholic family. Mike Cavanagh (I) on IMDb: Movies, Tv, Celebrities, and more. Mr. Cavanagh has served as the Chief Financial Officer of Comcast Corporation since July 2015. Mr. Cavanagh is also a director of Yum! from the University of Chicago. https://oneofitslegs.org. 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. Track your investments 24 hours a day, around the clock from around the world. Burke was also friends with Jamie Dimon, JPMorgans chief executive and chairman. 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. 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. Insiders at Comcast own 1.1% of the company. He is also on the board of Yale University and Member of Council on Foreign Relations, Inc. 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. 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. 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. The oldest executive at Comcast Corp is Maritza Montiel, 68, who is the Independent Director. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Mike came to Comcast after more than 20 years in the financial services industry. Show all results. 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). . Menu. 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. Discovery fell 60 percent since the combined firm started trading, Netflix dropped 50 percent, Disney fell 44 percent the media and cable conglomerate fell 31 percent over the course of 2022. Gift this article. JPMorgan came through the financial crisis of 2008-09 mostly unscathed. Comcast has approximately 186,000 employees worldwide and $121 billion in annual revenue. 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). 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. BREAKING: Tiny biotech successfully treats blindness. Learn More on Michael J. Cavanagh's contact information. The most active insiders traders include Brian L Roberts, Stephen B Burke, and David L Cohen. 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. He also served as JPMorgan Chases CFO for six years helping steer the company to successfully navigate the financial crisis. Since then Michael has changed 3 companies and 2 roles. 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.. Comcast Corporation today announced that Mike Cavanagh has been named President. It also provides wireless and security and automation services to residential customers under the Xfinity brand. Athletes' ambitions don't end when they leave the field of play. Its an honor to work with Brian to lead this great company, Cavanagh added. Mike will be only the third president in the companys 59-year history. 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 Corp. engages in the provision of video, Internet, and phone services. With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. 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 . He joined the company from global alternative asset manager The Carlyle Group, where he was briefly co-president and co-chief operating officer. 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. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, said Roberts. 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 . Chart Data in Insider Trading History Table. Get notified the next time Michael J. Cavanagh buys or sells Comcast stock. There are 18 older and 3 younger executives at Comcast Corp. 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Jordan Meets Reporter at 'Creed III' Premiere Who 'Teased Him all the Time' in High School: 'I Was the Corny Kid, Right? 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. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. 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. 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. 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. To zoom out, use the keyboard shortcut [Ctrl] + [-] in Windows and [Cmd] + [-] on a Mac. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. Michael's mailing address filed with the SEC is ONE COMCAST CENTER, , PHILADELPHIA, PA, 19103. We hope you'll join us in welcoming them to the board and The Rosenbach community. News Wire Feed Light Reading 10/12/2022. As Chief Financial Officer at COMCAST CORP, Michael J. Cavanagh made $27,356,996 in total compensation. Currently, Michael Cavanagh works as a Chief Financial Officer at Comcast. Comcast said that it had already repurchased $9 billion worth this year. Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Cindy Ord/Getty Images Entertainment. 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. 2023 The Hollywood Reporter, LLC. Mike joined Comcast seven years ago as Chief Financial Officer. He also serves on the board of software company HealthVerity and is a member of the Council on Foreign Relations. 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 shares closed at $28.69 Wednesday, up 0.03%. 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. 2 min read Comcast Corporation Comcast Corporation announced Wednesday that Chief Financial Officer (CFO) Mike Cavanagh has been promoted to the added role of. 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. 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. There are 1 executives at Comcast Corp getting paid more, with BrianRoberts having the highest compensation of $36,370,200. 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. 2023 Variety Media, LLC. NBCUniversal is global and operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Cavanagh will be only the third president in the company's 59-year history. He will continue to serve as chief financial. 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