
Comcast CEO Brian Roberts’ Pay Dips to $33.9M, President Michael Cavanagh’s Drops to $28.3M in 2024

NBCUniversal owner Comcast has disclosed the 2024 compensation packages for chairman and CEO Brian Roberts and president Michael Cavanagh, along with pay details for other top executives.
Comcast’s proxy statement, filed with the Securities and Exchange Commission, showed that Roberts’ pay was $33.9 million in 2024, compared with $35.5 million in 2023. He had made $32.1 million in 2022, $34.0 million in 2021, $32.7 million in 2020, and $36.4 million in 2019.
Cavanagh’s compensation package was worth $28.3 million last year, compared with $29.6 million in 2023. He had made $40.5 million in 2022 when he served as chief financial officer until being promoted to president in October 2022.
Comcast’s stock dropped 14 percent in 2024. The company’s revenue, earnings, and adjusted net income rose for the year, while its free cash flow declined 3 percent.
The company reported Q1 earnings earlier this week, with Peacock still losing money (albeit narrowing is losses) and adding subscribers. However, steeper declines than expected in broadband led to a stock decline on the street.
Comcast’s proxy statement, filed with the Securities and Exchange Commission, showed that Roberts’ pay was $33.9 million in 2024, compared with $35.5 million in 2023. He had made $32.1 million in 2022, $34.0 million in 2021, $32.7 million in 2020, and $36.4 million in 2019.
Cavanagh’s compensation package was worth $28.3 million last year, compared with $29.6 million in 2023. He had made $40.5 million in 2022 when he served as chief financial officer until being promoted to president in October 2022.
Comcast’s stock dropped 14 percent in 2024. The company’s revenue, earnings, and adjusted net income rose for the year, while its free cash flow declined 3 percent.
The company reported Q1 earnings earlier this week, with Peacock still losing money (albeit narrowing is losses) and adding subscribers. However, steeper declines than expected in broadband led to a stock decline on the street.
- 4/25/2025
- by Georg Szalai and Alex Weprin
- The Hollywood Reporter - Movie News
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