Michael Goodmon
Michael Goodmon is Executive Vice President for Capitol Broadcasting Company, Inc., where his primary focus areas are CBC Real Estate, CBC Sports, and CBC Family Office.
- CBC Real Estate: Goodmon oversees the real estate division, which has executed transformative mixed-use projects such as the American Tobacco Historic District in Durham, Rocky Mount Mills in Rocky Mount, MoJud Lofts in Greensboro, and the Bandwidth Global Headquarters campus in Raleigh. CBC Real Estate focuses on improving existing holdings and developing new assets across the Carolinas, driving urban and community revitalization and sustained economic growth.
- CBC Sports: Goodmon manages the company’s sports division, including the Durham Bulls Baseball Club, the Coastal Plain League, the Holly Springs Salamanders and Bull City Hospitality, fostering community engagement and regional pride through sports. CBC also holds a minority ownership stake in the North Carolina Courage, the National Women’s Soccer League team, supporting the growth of women’s professional sports in the region.
- CBC Family Office: Goodmon leads the investment activity of the company through CBC Family Office, which manages diversified investment strategies across multiple industries with a focus on long-term holdings and company diversification.
A recognized leader in community involvement in Durham, Goodmon has played a key role in building and founding the Miracle League Field in downtown Durham and supported the founding of Cristo Rey Research Triangle High School and the Durham Community Food Pantry.
He was also pivotal in launching the American Underground startup hub, nationally recognized for its commitment to diversity and inclusion in entrepreneurship. The hub actively supports minority- and female-led startups through partnerships with organizations like SOAR Triangle and Code the Dream, hosts programs such as the Google for Entrepreneurs Black Founders Exchange and fosters an inclusive ecosystem where nearly half of its member companies are minority or female-led. This focus on equity and opportunity has helped position Durham as a leading destination for diverse entrepreneurs.
He is a passionate advocate for the Durham and Triangle communities and currently serves on several boards and committees to encourage growth, entrepreneurship, sports growth and opportunities, and community development, including:
- Board Member, AJ Fletcher Foundation
- Board Member, The Fletcher Academy
- Chair, Board of Directors, Leadership Triangle
- Board Member, Cristo Rey Research Triangle High School
- Board Member, American Girls Baseball (supporting the All-American Women’s Baseball Classic)
- Trustee, North Carolina Central University
- Member, Youth Baseball & Softball Participation Committee, Minor League Baseball (MiLB)
- Member, North Carolina Organizing Committee (NCOC), 2029 FISU World University Games
Government & Policy Service:
- Chair, Governor’s Council on Entrepreneurship for North Carolina (2019–2020), advancing statewide policies to support innovation and economic development
- Member, Governor-elect Josh Stein’s Natural Resources Transition Committee (2024–2025), helping shape environmental and resource policy priorities for the incoming administration
- Member, North Carolina state-level government task force on arts and economic development strategies (circa 2010), helping shape policies to leverage the arts as a driver of statewide economic growth
- Co-Chair, Mayor Elaine O’Neal’s Transition Team for the City of Durham (2021– 2022), guiding the incoming administration’s priorities and community engagement efforts
- Co-Chair, 2016 Durham County Education Bond Referendum Committee, securing $170 million for local educational and cultural institutions
Awards & Recognitions:
- Advocate Award, Full Frame Documentary Film Festival (2014)
- CREative Thinkers Award, Carolinas Chapter of Counselors of Real Estate (2017)
Goodmon earned a B.S. in Mathematical Economics from Hampden-Sydney College (2003) and a Master’s in Trust and Investment Management from Campbell University (2007). He and his wife Liz live in Durham with their four children.