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Comcast extends Mike Cavanagh's contract through January 1, 2029, and grants a ~$35M performance-based stock package; he's set to become co-CEO in January 2026 (Todd Spangler/Variety)

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Todd Spangler / Variety:
Comcast extends Mike Cavanagh’s contract through January 1, 2029, and grants a ~$35M performance-based stock package; he’s set to become co-CEO in January 2026  —  Michael Cavanagh, as he’s set to assume the role of Comcast’s co-CEO on Jan. 2, extended his employment contract with the cable …