Luis Fernández Replaces Beau Ferrari as Chairman

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Telemundo is ending the yr with a serious management shakeup.

At the moment, Cesar Conde, chairman of NBCUniversal Information Group, introduced that Beau Ferrari will exit his function as chairman of NBCUniversal Telemundo Enterprises, with Luis Fernández now taking over the place.

Ferrari, who has served as chairman for 3 years, will transition to a place as senior adviser to the chairman of the Information Group and NBCUniversal, specializing in strategic progress alternatives.

“Below Beau’s profitable management, Telemundo has remained a extremely influential voice to Spanish-speaking audiences all through the nation,” Conde mentioned. “He has led Telemundo throughout a transformative time. He and the workforce delivered revolutionary content material throughout all platforms and document monetary outcomes. I sit up for persevering with to work carefully with him in his new function.”

In the meantime, Fernández, who reviews to Conde, returns to Telemundo following a profession in Spanish-language media as a broadcast government and award-winning journalist. Fernández beforehand served as president of Noticias Telemundo, the information division of Telemundo.

“All through his extraordinary profession, Luis has again and again proven visionary management, constructing and rising essentially the most profitable Spanish language media organizations in america and abroad,” Conde mentioned. “At this second in Telemundo’s storied historical past, we’re so lucky to have somebody of Luis’ expertise and stature to rejoin our workforce and enthusiastic about what the long run holds for Telemundo and its audiences beneath his management.”

Along with a earlier place with Telemundo, Fernández has served as CEO of Radio Tv Española, Spain’s state-owned public radio and tv company, supervising TV, radio and digital divisions. He additionally served as president of Univision Leisure and Univision Studios.

“As our communities are more and more enjoying a higher function in American tradition, politics, sports activities and commerce, that is our time to fulfill the second,” Fernández mentioned.

Continued progress

Earlier this yr, Ferrari helped lead a profitable TV upfront season at Telemundo, which skilled its fourth straight yr of progress. The corporate practically reached double-digit progress and generated its highest quantity since 2019-2020.

The previous chairman beforehand instructed Adweek the technique was all about bringing manufacturers alongside for the experience because the Hispanic viewers continues to see sturdy progress within the U.S.

“What we’re trying to do is to tie that to those fashionable franchises in Telemundo historical past and clearly defining cultural moments as America’s No. 1 content material powerhouse,” Ferrari mentioned. “And to carry manufacturers and purchasers on that journey with us is on the coronary heart of all of that.”