Comcast Promotes Michael Cavanagh to Co-Chief Executive Officer

Comcast Corp. named Michael Cavanagh as co-chief executive officer alongside Brian Roberts on Monday and added him to the company’s board of directors.

Michael Cavanagh

Source: Comcast

Cavanagh, who joined Comcast in 2015, currently serves as president of the Philadelphia-based internet and cable-TV provider. He was previously co-CEO of JPMorgan Chase’s Corporate & Investment Bank.

“He is the ideal person to help lead Comcast as we manage the pivot we are making to drive growth across the company,” Roberts said in a statement.

Comcast, which is the parent of NBCUniversal, is currently seeing declines in internet and cable-TV customers, as more TV ...