Jason Armstrong has been promoted to CFO at Comcast

Armstrong succeeds Mike Cavanagh, who was promoted to president of the cable and entertainment company in October.

Comcast has named Jason Armstrong as Chief Financial Officer.

Armstrong, who previously served as Comcast’s deputy CFO and treasurer, succeeds Mike Cavanagh, who was promoted to president in October and just signed a new long-term contract with the business.

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Armstrong has been with Comcast since 2014, serving in a variety of capacities. Prior to being designated deputy CFO, he served as CFO of the company’s Sky subsidiary, as well as the head of investor relations and finance. He was previously a managing director at Goldman Sachs.

“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.”

“I’m incredibly honored to have this role and to work alongside Brian and Mike and this exceptional team,” added Armstrong. “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.”