Comcast names Michael Cavanagh to serve as co-CEO | Gossip Wire

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Comcast names Michael Cavanagh to serve as co-CEO…

Comcast said Monday it would appoint President Michael Cavanagh as co-CEO, adopting a twin chief government model as the company prepares to spin off a number of NBCUniversal cable networks as half of a restructuring.

Cavanagh will take up the new function in January and also be part of the company’s board, serving alongside Brian Roberts, who will continue as chairman and co-CEO.

Several high-profile corporations such as Oracle and Netflix have adopted a co-CEO model to better handle their operations as they grow to be more advanced and globally diversified.

Comcast President Michael…

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