Comcast Promotes Jason Armstrong to CFO

Comcast Corp. Jan. 6 announced that Jason Armstrong has been promoted to CFO after serving nine years in several financial management positions at the media giant, including most recently as deputy CFO and treasurer. He succeeds Mike Cavanagh, who was named president of Comcast in October.

Jason Armstrong

“Jason is ideally suited to be our next CFO,” Cavanagh said in a statement. “He is a trusted voice in the financial community, has a great understanding of our company, and is well respected by our management team.”

As deputy CFO, Armstrong oversaw the 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 CFO 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.

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