1 month ago
Comcast co-CEOs Brian Roberts and Mike Cavanagh had packages worth, respectively, $35.1 cardinal and $71.8 cardinal for 2025.
Cavanagh, who was president of Comcast past twelvemonth and roseate to co-CEO successful January, saw his package jump sharply from $28 cardinal nan twelvemonth earlier connected a large banal grant. The comp included a guidelines net of $2.6 million, banal awards weighted astatine $60 million, and $8.6 cardinal successful non-equity inducement scheme compensation – for illustration a rate bonus, according to nan company’s latest proxy connection revenge pinch nan SEC Friday.
Roberts’ pay, which roseate from $33.8 cardinal successful 2024, was comprised of a $2.6-million guidelines salary, $23.5 cardinal successful banal awards, and $8.5 cardinal successful non-equity inducement scheme comp.
Proxies item nan salary of a nationalist company’s apical 5 highest paid executive officers. They must beryllium revenge by nan extremity of April for companies connected a almanac year, frankincense nan watercourse of numbers successful caller days.
Comcast’s committee said it “credits our elder activity squad for their successful activity complete nan past year, contempt sustained competitory challenges crossed our businesses,” noting “contributions crossed our businesses, including residential broadband, wireless, business services connectivity, taxable parks, streaming and premium studios content. At nan aforesaid time, we maintained a patient equilibrium expanse and returned important superior to shareholders.”
The NBCUniversal genitor opened Epic Universe successful May and worked connected nan separation of Versant Media, effective early this year.
