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Comcast Executives' Compensation Revealed for 2023, Highlighting Significant Increases and Strategic Achievements

Comcast CEO Brian Roberts and President Michael Cavanagh received substantial pay raises in 2023, reflecting the company's strong financial performance and strategic investments.

  • Brian Roberts' total compensation rose to $35.5 million in 2023, an increase of approximately 11% from the previous year, while President Michael Cavanagh's compensation decreased by 27% to $29.6 million.
  • Comcast reported some of its best financial results in history in 2023, with significant increases in revenue, adjusted net income, and free cash flow.
  • The company's streaming service, Peacock, grew rapidly, reaching 31 million paid subscribers by the end of 2023 and generating over $1 billion in quarterly revenue for the first time.
  • Comcast's theme parks achieved record-high revenue and adjusted EBITDA in 2023, with plans for new attractions including the opening of Epic Universe in 2025.
  • The company's film business was ranked No. 1 at the worldwide box office in 2023, bolstered by the success of the Oscar-winning film 'Oppenheimer.'
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