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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 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. 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 . 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. He will continue to act as Comcasts chief financial officer. Burke and Dimon attended Harvard Business School together, graduating in 1982. The oldest executive at Comcast Corp is MaritzaMontiel, 68, who is the Independent Director. Mike Cavanagh - @MikeCavanagh9. Comcast Corporation Promotes Mike Cavanagh to President. The most recent insider tranaction occured on February, 21st when Major Shareholder Corp Comcast sold 37,176 shares worth more than $75,467.28. 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. He was the Co-CEO of JPMorgan Chase's . He also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. 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. 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. I look forward to working together to shape the bright future of Comcast.. BREAKING: Tiny biotech successfully treats blindness. Net Worth in 2022. Overnight on Wall Street is daytime in Asia. He will remain Chief Financial Officer. 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. JPMorgan came through the financial crisis of 2008-09 mostly unscathed. from Yale University 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. 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. 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. Memoir, Humor and Comedy, Romance. TV Shows. Mike joined Comcast seven years ago as Chief Financial Officer. The agreement stipulates a base salary of $2.5 million beginning next March, as well as a performance-based award, per the Securities and Exchange Commission filing. News Wire Feed Light Reading 10/12/2022. You can change your choices at any time by visiting your privacy controls. According to ZoomInfo records, Michael Cavanagh's professional experience began in 2021. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. Prior to entering politics, he spent 25 years at the private-equity firm the Carlyle Group . Comcast Corp. engages in the provision of video, Internet, and phone services. Said Jamie Dimon, chairman and CEO of JPMorgan Chase: Mike Cavanagh is an outstanding executive and leader what I call an elite business athlete who led complex global businesses at JPMorgan Chase and served as our chief financial officer through the worst parts of the global financial crisis. 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. It also provides wireless and security and automation services to residential customers under the Xfinity brand. Mike Cavanagh (I) on IMDb: Movies, Tv, Celebrities, and more. Two other adult children, left home eventually, complete the extended menagerie. ', The True Story Behind 'Cocaine Bear': A 175-Pound Beast, a Dead Drug Smuggler in Gucci Loafers and More, Super Mario Bros. 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Mike has a broad range of responsibilities, including overseeing all financial functions, corporate development, strategic planning, and corporate administration. 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. 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. 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. Variety is a part of Penske Media Corporation. The corporate mailing address for Mr. Cavanagh and other Comcast executives 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. He also serves on the board of software company HealthVerity and is a member of the Council on Foreign Relations. The Hollywood Reporter is a part of Penske Media Corporation. Last month, Comcasts board sought to bolster the companys stock by purchasing up to $20 billion in shares as investors sold them. The prices in other telecom and entertainment companies, among them Verizon, Walt Disney and Netflix, have also declined. 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. Track your investments 24 hours a day, around the clock from around the world. The Studios segment focuses on NBCUniversal's film and television studio production and distribution operations. Learn More on Michael J. Cavanagh's trading history. 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. Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. 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 was the Co-CEO of JPMorgan Chase & Co.'s Corporate & Investment Bank from 2012 to 2014, a business that was a global leader in its industry with over $30 billion in revenue and more than 50,000 employees located in over 50 countries. 2-min read PHILADELPHIA, March 01, 2023 -- ( BUSINESS WIRE )--Comcast Corporation today announced that Anand Kini has been named Executive Vice President, Corporate. The Brian Roberts-led Comcast. Get notified the next time Michael J. Cavanagh buys or sells Comcast stock. Michael Cavanagh serves as President and Chief Financial Officer of Comcast Corporation. Bloomberg Daybreak Asia. Learn More on Michael J. Cavanagh's salary. 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. 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. Michael Cavanagh is 54, he's been the Chief Financial Officer and Senior Executive Vice President of Comcast Corp since 2015. 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. But a rogue trader in London in 2012 cost JPMorgan about $6 billion and brought regulators down on it. from the University of Chicago. "With his leadership, the company has expanded its reach significantly in the U.S. and. 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