US Spanish-language media conglomerate Univision has officially announced this last Monday, July 19th, new appointments and the restructuring of its new corporate leadership. Together with the existing leadership team, these executives will execute the vision for the future combined company Televisa-Univision, which was officially announced in mid-April.
‘I am delighted to share the evolution of our corporate leadership structure and to introduce the new, world-class executives that have joined to help drive the execution of our vision’, reported Wade Davis, CEO at Univision. ‘We are incredibly fortunate to have a deep bench of talent at both Televisa and Univision to draw from. Furthermore, the size of the market opportunity and our positioning to become the global leader in Spanish-language media has allowed us to attract new and diverse executives from some of the largest and most successful companies in the world. We have the right strategy, and following the closing of the Televisa-Univision merger, we will have the assets and market-leading position for this team to execute and capture the opportunity in front of us to be the largest and most compelling Spanish-language media company across all platforms’, the executive added.
The transaction between Univision and Televisa, is expected to close in the second half of 2021, subject to the receipt of regulatory approvals in the US and Mexico.The new appointments are effective immediately, unless otherwise noted, and will continue after the transaction’s close.
New appointments include executives like Carlos Ferreiro, who will assume the role of Chief Financial Officer at Univision on October 1st, 2021. As CFO, Ferreiro will be in charge of integrating and designing a combined organization that can unlock strategic and operational synergies of the combined company. Peter Lori, who has been a key member of the current Univision leadership team and at the center of all of the strategic moves of Univision, will continue as CFO of the company until October 1st and will continue in a senior executive role with the combined company, to be further defined in the integration planning process. In addition, Pilar Ramos is joining as General Counsel and Corporate Secretary at Univision, once the merger is completed and subject to the transaction closing. Amy Tenbrink and Glenn Dryfoos, who have been acting as interim Co-General Counsels will now report to Ramos and will continue to have oversight of their respective areas of responsibility. They will take on expanded responsibilities as the Televisa-Univision integration evolves.
Jose Tomas is joining Univision as the company’s Chief Administrative Officer. In his new role, the executive will oversee strategic support areas essential to continue transforming Univision and to create centers in the future combined company. Apart from that, Flavia Vigio is joining the company as EVP of Communications, and will be in charge of all internal and external communications, publicity and public relations for Univision. Jessica Rodriguez has also been promoted to Chief Brand and Impact Officer at Univision, and for the combined Televisa-Univision company once the merger is completed. In her new position, Rodriguez will help Univision elevate the combined Televisa and Univision brands and cultures through focused engagement with their audiences. Rodriguez’s responsibilities will include creative strategy and branding for the overall company, including networks and streaming, marketing and media strategy, talent strategy and insights, research, and social impact, equity and inclusion.
Juan Carlos Rodriguez has been promoted to President of Sports Enterprises at Univision. In this expanded role, he will continue to strengthen Univision’s portfolio of Spanish-language sports rights as well as oversee the growth of the new sports businesses in streaming, sports betting, combat sports and other sports-related growth opportunities globally.
‘Together, this expanded team of executives will position Univision and the combined Televisa-Univision, to capture the huge market opportunity to serve the Spanish-language audience worldwide. As our transformation gains strength through the introduction of new digital products, significant partnerships and the growing strength of our unmatched content engine, there is no question that with this new leadership team we will continue to accelerate our market leadership and capture the great opportunity for value creation ahead of us’, added Davis.