Comcast's Cavanagh Is Highest-Paid U.S. CFO With $41 Million
- JPMorgan veteran joined largest U.S. cable company in May
- Cavanagh's pay exceeds that of his boss, CEO Brian Roberts
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Comcast Corp. paid Michael J Cavanagh $40.6 million in his first year as the largest U.S. cable company’s chief financial officer.
He’s the best-paid CFO at a publicly traded U.S. company, data compiled by Bloomberg show. Cavanagh’s compensation included a $1.8 million salary, $16.5 million in stock awards, $4 million in option awards, a $6 million cash bonus and $11.8 million in deferred compensation, Comcast reported in the summary compensation table in a Friday proxy statement.