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Comcast Names Mike Cavanagh Co-CEO Alongside Brian Roberts, Effective January

The appointment cements a planned leadership handoff at Comcast, with Cavanagh gaining a board seat.

Overview

  • Cavanagh will join Comcast’s board when the co-CEO structure takes effect in January.
  • Roberts will remain chairman and co-CEO, publicly praising Cavanagh as a trusted and collaborative leader.
  • Cavanagh advanced from CFO to president after joining Comcast in 2015, following a stint as co-CEO of JPMorgan’s corporate and investment bank.
  • His remit expanded after Jeff Shell’s 2022 exit from NBCUniversal, adding direct oversight of the TV, film and theme-park businesses.
  • He led the creation of Versant to house most NBCUniversal cable networks, with plans to spin off Versant as the parent of CNBC, MSNBC and Golf Channel.