Comcast appoints Michael J. Cavanagh as co-CEO alongside Brian Roberts
- Comcast appointed Michael J. Cavanagh as co-CEO on September 29, 2025, to work alongside Brian Roberts.
- Cavanagh has been with Comcast since 2015 and served as president and former CFO before his new role.
- The appointment is part of Comcast's strategy to leverage leadership to navigate transformative changes in the media industry.
On September 29, 2025, Comcast, a global media company headquartered in Philadelphia, announced the appointment of Michael J. Cavanagh as its co-CEO. This strategic decision comes as the company looks to adapt to changing market conditions while maintaining growth. Cavanagh, who has been with the company since 2015 and currently serves as president and former CFO, is expected to begin his dual role effective January 2026. Brian Roberts, the current chairman and CEO, expressed his confidence in Cavanagh's leadership skills and collaborative work style, highlighting the seamless partnership they share. This leadership change is deemed essential as Comcast navigates transformative times in the media landscape, notably after the recent spin-off of various cable-oriented outlets following Disney's acquisition of its remaining stake in Hulu. Cavanagh's track record at JPMorgan Chase during the financial crisis positions him well to address the evolving challenges in the media sector. Comcast operates as the world's second-largest broadcasting and cable television provider, with an extensive portfolio that includes NBCUniversal and various streaming platforms. The company continues to diversify its media services, incorporating WiFi and broadband offerings via its Xfinity and other brands. As Comcast prepares for its leadership transition, the emphasis on growing its various business segments affirms its commitment to leading the industry during these changing times.