Comcast Co-CEO Mike Cavanagh Lands $72 Million Pay Package For 2025

Comcast co-CEOs Brian Roberts and Mike Cavanagh had packages worth, respectively, $35.1 million and $71.8 million for 2025.

Cavanagh, who was president of Comcast last year and rose to co-CEO in January, saw his package jump sharply from $28 million the year before on a big stock grant that included a $35 million award recognizing his  promotion.

His comp included a base salary of $2.6 million, stock awards valued at $60 million, and $8.6 million in non-equity incentive plan compensation – like a cash bonus, according to the company’s latest proxy statement filed with the SEC Friday.

Roberts’ pay, which rose from $33.8 million in 2024, was comprised of a $2.6-million base salary, $23.5 million in stock awards, and $8.5 million in non-equity incentive plan comp.

Proxies detail the pay of a public company’s top five highest paid executive officers. They must be filed by the end of April for companies on a calendar year, thus the stream of numbers in recent days.

Comcast’s board said it “credits our senior leadership team for their successful leadership over the past year, despite sustained competitive challenges across our businesses,” noting “contributions across our businesses, including residential broadband, wireless, business services connectivity, theme parks, streaming and premium studios content. At the same time, we maintained a healthy balance sheet and returned significant capital to shareholders.”

The NBCUniversal parent opened Epic Universe in May and worked on the separation of Versant Media, effective early this year.