EVP, Chief Financial Officer of TelevisaUnivision, Inc. President of TelevisaUnivision US Local Media, General Director, Mexico Government Relations, VP of TelevisaUnivision Mexico Growth Officer. Financial terms of the of the transaction were not disclosed. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. Partnered with the USA TODAY Sports Media Group|Powered by, Signed a minor league contract with Kansas City (KC), Signed a 3 year $52 million contract with Colorado (COL), including a vesting option for 2021, Chicago (CHC) extended a $17.4 million Qualifying Offer for 2018, Traded to Chicago (CHC) from Kansas City (KC) for, Kansas City (KC) exercised a $10M option for 2017, Kansas City (KC) exercised an $8 million option for 2016, Kansas City (KC) exercised a $7 million option for 2015, Traded to Kansas City (KC) from Tampa Bay (TB) with, Signed a 4 year $12.6 million contract with Tampa Bay (TB), Signed a 1 year $404k contract with Tampa Bay (TB), Signed a 1 year $400k contract with Tampa Bay (TB), Drafted by Tampa Bay (TB): Round 3 (#75 overall), Drafted by Tampa Bay (TB): Round 3 (#75overall). 0. EVP, General Counsel & Corporate Secretary of TelevisaUnivision, Inc. President, Global Platform Strategy & Revenue of TelevisaUnivision, Inc. EVP, Corporate Development, Strategy and Transformation of TelevisaUnivision, Inc. President of TelevisaUnivision US Ad Sales & Marketing. He takes over the reins from Vince Sadusky, who led the company since mid-2018, when he replaced Randy Falco.. So you take the Televisa strategic partnership, what the business is doing on their own in news, sports and tentpoles like the Latin Grammys, and starting to produce some of their own original content, and theres no question that this business has the scale thats necessary to continue to win. Wade Davis Shakes Up Univision's C-Suite In A Major Way. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. Davis founded ForgeLight last year. This website is not directly or indirectly affiliated, associated, or connected in any way to Major League Baseball, the National Basketball Association, the National Football League or the National Hockey League. Theyve refocused the business on the core audience. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. As such, Searchlight, a private investment firm founded by CEO Wade Davis, and associated entity, ForgeLight an operating and investment company focused on the media and consumer technology sectors are now the holders of shares in Univision previously held byMadison Dearborn Partners, Providence Equity Partners, TPG, Thomas H. Lee Partners,andSaban Capital Group. And thats back to whats so unique about this business. Standard General, Tegna Seeking FCC Review of Merger Review Order, UFC 285 PPV - Jon Jones vs. Ciryl Gane: What's On This Weekend in TV Sports (March 4-5), Puss in Boots: The Last Wish to Stream Exclusively on Peacock. The Davis-led investor group on Tuesday said it agreed to acquire a 64 percent majority stake in Univision for an undisclosed sum. Wade Davis. Read Also: Frontera Wines Joins Sponsors for Univisions Latin Grammys. Salary: All-Star: World Series: 2009 Tampa Bay Rays: 58--2010 Tampa Bay Rays: 40--2011 Tampa Bay Rays: 40--2012 Tampa Bay Rays: 40--2013 Kansas City . Musk Made a Mess at Twitter. Pierluigi Gazzolo was named president and chief transformation officer at Univision (Image credit: Univision) Wade Davis, Univision's new CEO, named his senior management team, bringing several well-known industry executives to the Spanish-language media company. Thats something that got to be built by the team and something that got to be owned by the team. Giant Miami-based Spanish language broadcaster. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. 2022: Transcript : Tikehau Capital, H1 2022 Earnings Call, Jul 28, 2022 . Both Searchlight and Wade are wholly supportive of Univisions core mission to entertain, inform and empower Hispanic America and fully embrace the commitment and special bond we have with our audience. with an average yearly salary of $72,781. Previously he was a Board Observer on the Board of Directors of Roku, the rotational Chairman of the Rhapsody/Napster Board and on the Board of Viacom18 India. Univision Miami to Host Miami-Dade County Mayoral Debate With Top Candidates Facing Off in Multi-Media Event Tonight at 5pm on Univision 23 y Radio. 9.5. Future US, Inc. Full 7th Floor, 130 West 42nd Street, Its reflected in the success theyve had in renewing with all of their distributors. Wade Davis - 2021 Salary & ContractWade Davis salary is $1,250,000 per year, including a $0 signing bonus. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. - Veteran media executive Wade Davis to become CEO of Univision upon closing . Earlier in his career, Davis spent nine years in M&A investment banking with ThinkEquity, Lazard, and Wasserstein Perella and led nearly $30B in total transactions, primarily in the tech, education and media sectors. The latest from the Univision Sports team. Already Subscribed? Subscribe for full access to The Hollywood Reporter. Bloomberg's Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries. Can A Pro-Deal Website Woo FCC On TEGNA Privatization OK? 2023 Deadline Hollywood, LLC. Wade Davis, Univision chief executive . It's a done deal. Biography. All information these cookies collect is aggregated and therefore anonymous. February 25, 2020. Theyre the number one news platform, the number one sports platform, the number one music platform across TV, radio and live events, and they have a really powerful and differentiated content supply arrangement with Televisa, the largest Spanish-language content producer in the world. Get our latest storiesin the feed of your favorite networks. Its one of the most profitable media businesses in the industry. The average Univision salary ranges from approximately $49,404 per year for an Administrative Assistant to $325,473 per year for a Vice President. The liberal Spanish-media giant Univision has been sold.Media executive Wade Davis is heading up a private group to buy a majority stake in the company and will be its new CEO. They are among the smartest and most value additive investors in our industry and there is no one I would rather partner with in this transaction., Televisa co-CEOs Bernardo Gomez and Alfonso de Angoitia said the companys decision to maintain its partnership and ownership stake in Univision strongly reflects our deep confidence in Searchlight and Wades leadership, as well as the continued positive outlook we have for Univision as a long-term strategic investment. But when I do look at the opportunities that lie in front of the company today, its absolutely the case when you look at the asset base that Univision has whether you start with the brand, the power of the brand and connection with this audience it has this huge audience and the fastest-growing demographic in the U.S. And its culturally relevant, and Univision is the leader with that audience. Wade was drafted #75 by the Tampa Bay Devil Rays in the 2004 Major League Baseball Draft. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Its important to keep in mind this wasnt the sale of the company in which you would disclose the terms of a transaction for the totality of the company. The new business, to be called Televisa-Univision, will have an enormous content library Televisa produced 86,000 hours of programming last year broadcast and pay-TV channels and stations . Achieving our objectives will require new ways of working together, diversity of perspectives and in some cases new talent and skillsets. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Can you discuss your strategy focus for Univision, and specifically bringing the traditional broadcaster into the streaming-first space? The highest-paying job at Univision is a Vice President with a salary of $325,473 per year. Davis was previously Viacom's chief . Happy to announce that . 2021-2021 Free Agent All Rights Reserved. NEW YORK With the transition in power from Vince Sadusky to Wade Davis at Univision Communications in January 2021, a veteran sales . Pierluigi Gazzolo was named president and chief transformation officer at Univision, I consent the use of my personal data in accordance with Future's. As former Viacom CFO Wade Davis, the founder of ForgeLight, gets set to become CEO of Univision Communications later this year, he talked to The Hollywood Reporter about his plans to capitalize on the fast-growing Latino demo in the news, sports, entertainment and music spaces. The move results from last week's FCC approval of the sale of a majority stake in Univision Holdings by investment groups Searchlight Capital Partners and ForgeLight LLC; Davis founded and is CEO of the latter. Any plans for Univision to revisit a potential IPO down the road? Univision employees rate the overall compensation and benefits package 3.1/5 stars. The companys top-rated media portfolio features the Univision and UniMs broadcast networks, 10 cable networks, 61 television stations, 58 radio stations and a robust audio and music experience footprint, and various market-leading digital properties. December 29, 2020 12:29pm. Dive Brief: Wade Davis, Former CFO of Viacom, has become CEO of Univision after his investment group, ForgeLight, closed on a majority stake purchase, the company announced December 29.. TelevisaUnivision will be led by CEO Wade Davis, the former Viacom CFO who led a group that bought Univision last year. 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All net worths are calculated using data drawn from public sources. The lowest-paying job at Univision is an Administrative Assistant with a salary of $49,404 per year. These cookies may be set through our site by our advertising partners. Wade Davis may refer to: . Wade Davis is the Chief Executive Officer of Univision Communications Inc., the leading Hispanic media company in the United States.