Univision Communications Promotes within Investor Relations

Univision Communications Inc. (UCI) has promoted Adam Shippee to head of investor relations and senior VP of corporate business development.

Shippee has been serving as VP of investor relations since August 2015 and joined the company as VP of finance in 2013. He will report to Francisco J. Lopez-Balboa, the company’s chief financial officer, and remains based in New York. His appointment is effective immediately. Shippee takes over leadership of the investor relations function from Laraine “Rainey” Mancini, who has left the company.

In his new post, Shippee will work with UCI’s division leaders to further the company’s strategic business initiatives, investments and merger-and-acquisition efforts. He will also oversee Univision’s ongoing relationships with the investment community.

“Adam is a skilled professional with strong investor and analyst relationships and the business development expertise necessary to effectively lead our IR and development efforts,” said Lopez-Balboa. “Adam’s comprehensive understanding of our business, the industry and the capital markets landscape will position UCI to succeed as we continue on our journey forward. On behalf of our management team, I want to congratulate Adam on his new role and thank Rainey Mancini for her contributions, and wish her all the best in her future endeavors.”

Shippee said, “I am grateful for the opportunity to lead our investor relations and corporate business development teams. UCI has a dynamic story as our country’s leading media organization for diverse America, and I look forward to working with Frank and the rest of our management, finance and communications teams to continue building relationships and educating our analysts and investors about Univision’s growth prospects and unique positioning in the industry.”