{"id":704917,"date":"2025-12-24T03:45:13","date_gmt":"2025-12-24T00:45:13","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/mike-cavanagh-inks-comcast-contract-extension-ahead-of-co-ceo-promotion\/"},"modified":"2025-12-24T03:45:13","modified_gmt":"2025-12-24T00:45:13","slug":"mike-cavanagh-inks-comcast-contract-extension-ahead-of-co-ceo-promotion","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/mike-cavanagh-inks-comcast-contract-extension-ahead-of-co-ceo-promotion\/","title":{"rendered":"Mike Cavanagh Inks Comcast Contract Extension Ahead of Co-CEO Promotion"},"content":{"rendered":"
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\n\tComcast president Mike Cavanagh has inked a contract extension with the cable and media<\/a> giant, just days before he is set to be promoted to co-CEO of the company alongside Brian Roberts. The company had previously announced the promotion at the end of September.<\/p>\n

\n\tComcast disclosed the contract Tuesday evening in an SEC filing.<\/p>\n

\n\tCavanagh\u2019s new contract runs through 2028, and includes a salary bump to $2.75 million per year (up from $2.5 million currently), and a target cash bonus of 300% of the salary (that\u2019s $8.25 million). He also received $35 million in performance-based restricted stock units.<\/p>\n

\n\tHis total compensation last year was $28.3 million, per filings.<\/p>\n

\n\tCavanagh is set to become co-CEO Jan. 1, just ahead of Comcast\u2019s planned Versant split, which is slated to be finalized the following week. It\u2019s a big job for the former JPMorgan banker, who was previously CFO and was more recently upped to president of the company. Comcast is still controlled by the Roberts family.<\/p>\n

\n\tBut he has effectively run NBCUniversal since the exit of Jeff Shell a couple years ago, and helped oversee launches like Epic Universe earlier this year, as well as a planned push into the U.K.<\/p>\n

\n\t\u201cSince joining Comcast a decade ago, Mike has proven himself to be a trusted and collaborative leader,\u201d said Roberts in a statement when Cavanagh was first named co-CEO.\u00a0\u201cHe is the ideal person to help lead Comcast as we manage the pivot we are making to drive growth across the company. Mike and I work seamlessly together, and I am thrilled to be partnering with him as Co-CEO and with the rest of our talented\u00a0management team, for years to come.\u201d<\/p>\n

\n\tThe new deal just solidifies that partnership.<\/p>\n<\/div><\/div>\n

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Comcast president Mike Cavanagh has inked a contract extension with the cable and media giant, just days before he is set to be promoted to co-CEO of the company alongside Brian Roberts. The company had previously announced the promotion at the end of September. Comcast disclosed the contract Tuesday evening in an SEC filing. Cavanagh\u2019s…<\/p>\n","protected":false},"author":1,"featured_media":704918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.hollywoodreporter.com\/wp-content\/uploads\/2025\/09\/GettyImages-1154818535.jpg?crop=0px%2C129px%2C2128px%2C1191px&resize=1440%2C810","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[72125,71338],"class_list":["post-704917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa","tag-comcast","tag-nbcuniversal"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/704917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=704917"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/704917\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/704918"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=704917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=704917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=704917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}