Comcast Extends Michael Cavanagh’s Contract Through 2029, Grants Exec Stock Worth $35 Million

Michael Cavanagh, as he’s set to assume the role of Comcast’s co-CEO on Jan. 2, extended his employment contract with the cable and media conglomerate that runs through Jan. 1, 2029. Under the terms of the agreement, Cavanagh will be entitled to an annual base salary of $2.75 million and annual performance-based cash bonus target […]