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Comcast announced Monday it's named Mike Cavanagh as co-CEO alongside longtime leader Brian Roberts, starting in January.

Cavanagh, who currently serves as president, will also be named to the Comcast board of directors at that time. Roberts will remain as chairman and co-CEO of the company.

"Since joining Comcast a decade ago, Mike has proven himself to be a trusted and collaborative leader," Roberts said in a statement. "He is the ideal person to help lead Comcast as we manage the pivot we are making to drive growth across the company. Mike and I work seamlessly together, and I am thrilled to be partnering with him as Co-CEO and with the rest of our talented management team, for years to come."

Cavanag

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