Comcast names Michael Cavanagh Co-CEO effective Jan 2, 2026 with new employment contract

COMCAST CORP

Cavanagh's Co-CEO role starts Jan 2, 2026; agreement runs through Jan 1, 2029.
Annual base salary of $2.75M; cash bonus target remains 300% of base salary.
Received ~$35M performance-based RSU award vesting after three years based on time and performance.
In case of termination without cause or for good reason, award vests pro-rata for additional 24 months.

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