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. According to ZoomInfo records, Michael Cavanagh's professional experience began in 2021. Learn More on Comcast's active insiders. I look forward to working together to shape the bright future of Comcast.. 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. Why? 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. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. JPMorgan came through the financial crisis of 2008-09 mostly unscathed. Previously, Cavanagh was CEO of the firm's Treasury & Securities Services division, 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. Mr. Cavanagh has served as the Chief Financial Officer of Comcast Corporation since July 2015. 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. The Sky segment provides operations of Sky, one of Europe's entertainment companies, which primarily includes a direct-to-consumer business, providing video, broadband, voice and wireless phone services, and a content business, operating entertainment networks, the Sky News broadcast network, and Sky Sports networks. Information on this page was last updated on 2/21/2023. 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. Michael's mailing address filed with the SEC is ONE COMCAST CENTER, , PHILADELPHIA, PA, 19103. 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. The Brian Roberts-led Comcast. We have estimated Michael Cavanaugh's net worth , money, salary, income, and assets. Michael Cavanagh serves as Chief Financial Officer of Comcast Corporation. He serves on the Board of Trustees of Yale and is Chairman of its Investment Committee, which has more than $40 billion under management. An Inquirer reporter since 1993, I report stories with an emphasis on enterprise, corporations, college debt, and features with a money angle. With his leadership, the company has expanded its reach significantly in the US and globally. 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. Before that he was co-CEO of JPMorgan Chases Corporate & Investment Bank from 2012 to 2014. Markets never sleep, and neither does Bloomberg. He rowed at Yale. https://oneofitslegs.org. In addition, he makes $26,799,500 as Chief Financial Officer and Senior Executive Vice President at Comcast Corp. Michael has made over 20 trades of the Comcast Corp stock since 2014, according to the Form 4 filled with the SEC. 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. Mr. Cavanagh has a broad range of responsibilities, partnering with the Chairman and CEO to manage all aspects of the business and corporate team. 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Overnight on Wall Street is daytime in Asia. 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. 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 Salary in 2022. Eat steak, play golf, be happy! Track your investments 24 hours a day, around the clock from around the world. 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. 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. Mike joined the company seven years ago . The Media segment consists of NBCUniversal's television and streaming platforms, including national, regional, and international cable networks. "With his leadership, the company has expanded its reach significantly in the U.S. and. Todays promotion will come as no surprise Mike is admired and trusted by those who know and work with him, Roberts said. Emily Cavanagh, Lisa Washington, and Gene LeFevre each bring their own expertise and passion for our mission. Mike Cavanagh (I) on IMDb: Movies, Tv, Celebrities, and more. In this role, Mike co-headed all investment banking, cash management, investor services, and the largest global markets and trading business in the world. 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. 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. 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 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. 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. Subscribe for full access to The Hollywood Reporter, The former banker is "only the third president in the companys 59-year history.". Menu. Comcast Corporation Promotes Mike Cavanagh to President. He lives with his wife, Julie, adult son Dan, and two black cats in Bateman's Bay, NSW. Mr. Cavanagh earned a B.A. Cavanaghs connection to Comcast can be traced through Steve Burke, a longtime Comcast executive and former head of NBCUniversal. The Brian Roberts-led Comcast. Mike will be only the third President in the companys 59-year history. The most active insiders traders include Brian L Roberts, Stephen B Burke, and David L Cohen. Last month, Comcasts board sought to bolster the companys stock by purchasing up to $20 billion in shares as investors sold them. 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 Michael Cavanagh Work Experience and Education. Comcast Corp. promoted Mike Cavanagh, a former Wall Street banker, to president of the Philadelphia telecom and entertainment company, the company said Wednesday. What Could Elon Musk Possibly Be Thinking? 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. It looks like you're trying to zoom in on this page. NBCUniversal parent Comcast has promoted CFO Mike Cavanagh to president, working closely with chairman-CEO Brian Roberts to manage the Mike Cavanagh | Black Dyke Band . Mike also serves on the board of HealthVerity and is a member of the Council on Foreign Relations. Mike earned a B.A. Mike Cavanagh is now in his sixties and has no idea how that happened. 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. As of 17 March 2022 he still owns at least 98,709 units of Comcast Corp stock. Mike has brought incredible operational and financial expertise to Comcast and is an integral part of our special company. A member of the Republican Party, Youngkin defeated former Democratic governor Terry McAuliffe in the 2021 Virginia gubernatorial election. from Yale University and a J.D. But a rogue trader in London in 2012 cost JPMorgan about $6 billion and brought regulators down on it. C-SPAN, an acronym for Cable-Satellite Public Affairs Network, is an American cable television network that offers coverage of federal government proceedings and other public affairs programming via its three television channels (C-SPAN, C-SPAN2 and C-SPAN3), one radio station and a group of. 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 . With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. It also provides communications services, including residential high-speed internet, phone, and wireless services. The Brian Roberts-led Comcast disclosed Dec. 30 that it entered into a new employment agreement with Cavanagh through the end of 2027. Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. 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. Learn More on Michael J. Cavanagh's contact information. 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. It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. To zoom out, use the keyboard shortcut [Ctrl] + [-] in Windows and [Cmd] + [-] on a Mac. Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. Two other adult children, left home eventually, complete the extended menagerie. Cavanagh has been finance chief of the media and technology company for the last seven years. Mike has a broad range of responsibilities, including overseeing all financial functions, corporate development, strategic planning, and corporate administration. 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. There are 1 executives at Comcast Corp getting paid more, with BrianRoberts having the highest compensation of $36,370,200. You can change your choices at any time by visiting your privacy controls. Cavanagh, 56, has served as CFO since 2015 and will continue in that role in addition to his . With this promotion, Mike will work closely with Chairman and CEO Brian L. Roberts to manage the . New Comcast CFO says company must avoid complacency. There are 18 older and 3 younger executives at Comcast Corp. Enter your email address below to get our daily insider buying and selling report. Get notified the next time Michael J. Cavanagh buys or sells Comcast stock. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. Comcast Corporation today announced that Mike Cavanagh has been named President. (RTTNews) - Comcast Corp. (CMCSA) announced the appointment of Mike Cavanagh as President. Insiders at Comcast own 1.1% of the company. He will continue to serve as chief financial. Burke sat on the JPMorgan board and knew Cavanagh through board presentations. 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. Comcast Corp. has promoted Mike Cavanagh to be the company's third president in its 59-year history. 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. He'll. Mike joined Comcast in 2015 after spending more than 20 years in the financial services industry. Mike Cavanagh - @MikeCavanagh9. Mike came to Comcast after more than 20 years in the financial services industry. Mr. Cavanagh is also a director of Yum! He was Co-CEO of JPMorgan Chase's Corporate & Investment Bank from 2012 to 2014, a global leader in its. 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. Member Since. The global economy also faces a potential recession. Previously he served as JPMorgan Chases CFO for six years, where he helped the company successfully navigate the financial crisis. Athletes' ambitions don't end when they leave the field of play. Michael J. Cavanagh serves as Senior Executive Vice President and Chief Financial Officer of Comcast Corporation. 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. 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 Cavanagh is 54, he's been the Chief Financial Officer and Senior Executive Vice President of Comcast Corp since 2015. Mike joined Comcast in 2015 after spending more than 20 years in the financial services Michael J. Cavanagh, President and Chief Financial Officer, Comcast Corporation corporate.comcast.com He is from United States. We hope you'll join us in welcoming them to the board and The Rosenbach community. 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. Michael J Cavanagh, Comcast: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Markets China Open Bloomberg Markets: China Open is the definitive. He also served as JPMorgan Chases CFO for six years helping steer the company to successfully navigate the financial crisis. TV Shows. Cavanagh joined Philadelphia-headquartered Comcast seven years ago as chief financial officer (CFO). 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 . 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