Comcast Promotes Jason S. Armstrong to Chief Financial Officer
January 06 2023 - 9:00AM
Business Wire
Comcast Corporation today announced Jason S. Armstrong has been
promoted to Chief Financial Officer. Armstrong elevates to the
position after serving nine years in several financial leadership
positions at Comcast, including most recently as Deputy CFO and
Treasurer. He succeeds Mike Cavanagh who was named President of the
company in October.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230106005041/en/
Jason Armstrong, Chief Financial Officer,
Comcast Corporation (Photo: Comcast Corporation)
“Jason is ideally suited to be our next Chief Financial
Officer,” said Cavanagh. “He is a trusted voice in the financial
community, has a great understanding of our company, and is well
respected by our management team. Jason is already playing a
pivotal role in shaping our long-term strategy and I couldn’t be
more excited to partner with him going forward.”
As Deputy CFO, Armstrong oversaw the Treasury and finance
functions at Comcast and managed the corporation’s capital
formation, capital allocation, credit-related matters, and
investment management activities, working closely with the
management teams across Comcast Cable, NBCUniversal, and Sky.
Before that, he served as Treasurer of Comcast, as Chief Financial
Officer at Sky, and as head of Investor Relations and Finance at
Comcast. Prior to joining Comcast in 2014, Armstrong spent 13 years
at Goldman Sachs where he served as Managing Director and leader of
the firm’s Cable and Telecommunications Research Group. He earned a
B.S. degree in Economics from Duke University.
“I’m incredibly honored to have this role and to work alongside
Brian and Mike and this exceptional team,” Armstrong said.
“Comcast’s leadership, culture, strong financial position and
commitment to innovation and growth attracted me here nearly a
decade ago and continue to drive my excitement about the
opportunities ahead of us.”
About Comcast Corporation Comcast Corporation (Nasdaq:
CMCSA) is a global media and technology company that connects
people to moments that matter. We are principally focused on
connectivity, aggregation, and streaming with 57 million customer
relationships across the United States and Europe. We deliver
broadband, wireless, and video through our Xfinity, Comcast
Business, and Sky brands; create, distribute, and stream leading
entertainment, sports, and news through Universal Filmed
Entertainment Group, Universal Studio Group, Sky Studios, the NBC
and Telemundo broadcast networks, multiple cable networks, Peacock,
NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and
provide memorable experiences at Universal Parks and Resorts in the
United States and Asia. Visit www.comcastcorporation.com for more
information.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230106005041/en/
Media Jennifer Khoury (215)
286-7408 Jennifer_Khoury@Comcast.com John Demming (215) 286-8011
John_Demming@Comcast.com
Comcast (NASDAQ:CMCSA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Comcast (NASDAQ:CMCSA)
Historical Stock Chart
From Apr 2023 to Apr 2024