After a month-long search, Comcast said it has named former Carlyle Group president and co-chief operating officer Michael Cavanagh senior VP and chief financial officer, replacing Michael Angelakis who said in March that he would leave to start a new hedge fund backed by the cable giant.
“I’m so thrilled Mike [Cavanagh] is joining our team,” said Comcast chairman and CEO Brian Roberts in a statement. “He is a world-class executive with significant experience leading and overseeing large companies with multiple, complex businesses. He has had a distinguished career that spans more than two decades, is incredibly talented, and will be a great leader for Comcast.”
Cavanagh, who prior to his role at The Carlyle Group served for nearly 10 years as a member of the operating committee of JPMorgan Chase, six of those years as CFO, will begin his new role early this summer.
The television industry's top news stories, analysis and blogs of the day.
Thank you for signing up to Broadcasting & Cable. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.