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Comcast's Mike Cavanagh extends contract, becomes co-CEO with Brian Roberts in 2026, earning up to $35M in performance stock.
Comcast president Mike Cavanagh has extended his contract through January 1, 2029, becoming co-CEO alongside Brian Roberts effective January 2, 2026.
His new compensation includes a $2.75 million base salary and up to $35 million in performance-based stock awards.
The SEC filing details his 2024 pay of about $28.8 million, reflecting his role since joining in 2015 and leading NBCUniversal since 2023.
Roberts also received a substantial 2024 package, with both executives highlighting their partnership in guiding Comcast through industry changes.
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Mike Cavanagh de Comcast extiende su contrato, se convierte en co-CEO con Brian Roberts en 2026, ganando hasta $35 millones en acciones de rendimiento.