Comcast Corporation Promotes Mike Cavanagh to President
12 Outubro 2022 - 9:00AM
Business Wire
Comcast Corporation (Nasdaq: CMCSA) today announced that Mike
Cavanagh has been named President. With this promotion, Mike will
work closely with Chairman and CEO Brian L. Roberts to manage the
businesses and teams across the company. Mike will be only the
third President in the company’s 59-year history. He will remain
Chief Financial Officer.
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Mike Cavanagh, President and Chief
Financial Officer, Comcast Corporation (Photo: Comcast
Corporation)
“Today’s promotion will come as no surprise – Mike is admired
and trusted by those who know and work with him,” said Roberts.
“Mike has brought incredible operational and financial expertise to
Comcast and is an integral part of our special company. He’s an
outstanding partner and together we are focused on continuing to
create new and exciting opportunities for growth.”
“It’s an honor to work with Brian to lead this great company,”
Cavanagh added. “We have exceptional businesses with world-class
executives in Dana, Dave, and Jeff and I’m proud to call them my
partners. I look forward to working together to shape the bright
future of Comcast.”
Mike joined Comcast seven years ago as Chief Financial Officer.
With his leadership, the company has expanded its reach
significantly in the US and globally. Mike came to Comcast after
more than 20 years in the financial services industry. He was
Co-CEO of JPMorgan Chase’s 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. In this role, Mike co-headed all investment
banking, cash management, investor services, and the largest global
markets and trading business in the world. He also served as
JPMorgan Chase’s CFO for six years – helping steer the company to
successfully navigate the financial crisis.
In addition, at JPMorgan Chase and its predecessor firms, Mike
held various key positions that were critical to the company’s
success, including CEO of the firm’s Treasury & Securities
Services division, Head of Strategy and Planning, and Chief
Operating Officer of Middle Market Banking. 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.
Mike earned a B.A. from Yale University and a J.D. from the
University of Chicago. He serves on the Board of Trustees of Yale
and is Chairman of its Investment Committee, which has more than
$40 billion under management. Mike also serves on the board of
HealthVerity and is a member of the Council on Foreign
Relations.
About Comcast Corporation Comcast Corporation (Nasdaq:
CMCSA) is a global media and technology company that connects
people to moments that matter. We are principally focused on
connectivity, aggregation, and streaming with 57 million customer
relationships across the United States and Europe. We deliver
broadband, wireless, and video through our Xfinity, Comcast
Business, and Sky brands; create, distribute, and stream leading
entertainment, sports, and news through Universal Filmed
Entertainment Group, Universal Studio Group, Sky Studios, the NBC
and Telemundo broadcast networks, multiple cable networks, Peacock,
NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and
provide memorable experiences at Universal Parks and Resorts in the
United States and Asia. Visit www.comcastcorporation.com for more
information.
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Media Contacts Jennifer
Khoury (215) 286-7408 Jennifer_Khoury@Comcast.com
John Demming (215) 286-8011 John_Demming@Comcast.com
Investor Contact Marci
Ryvicker (215) 286-4781 Marci_Ryvicker@Comcast.com
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