Comcast President Mike Cavanagh Permanently Replacing Jeff Shell

thewrap.com:

Deadline reported that the employee involved was CNBC anchor and senior international correspondent Hadley Gamble, who is currently based in Abu Dhabi, according to a profile on CNBC’s website.

Shell’s relationship with her reportedly started about 11 years ago up until a couple of years ago when it ended. Shell was chairman of NBCUniversal International from 2011 to 2013.Comcast declined to comment and Gamble did not immediately return TheWrap’s request for comment.Cavanagh joined Comcast in 2015 as the company’s chief financial officer after spending more than 20 years in the financial services industry.Immediately prior to joining Comcast, he briefly served as co-president and co-chief operating officer of The Carlyle Group, a leading global alternative asset manager.Additionally, he served as co-CEO of JPMorgan Chase’s corporate & investment bank from 2012 to 2014, where he oversaw all investment banking, cash management, investor services and the largest global markets and trading business in the world.

Before that, he served as JPMorgan’s chief financial officer for six years, helping the bank successfully navigate the financial crisis.

In addition, at JPMorgan Chase and its predecessor firms, Mike held various key positions, including CEO of the firm’s Treasury & Securities Services division, head of strategy and planning, and chief operating officer of Middle Market Banking.The departure comes as Comcast is gearing up to report its first quarter earnings for 2023 on Thursday.