Beau Ferrari Upped to Chairman of NBCUniversal Telemundo Enterprises


Beau Ferrari has been promoted to the role of chairman of NBCUniversal Telemundo Enterprises, effective immediately.

In his new role, Ferrari will oversee the company’s media portfolio, which includes the Telemundo broadcast network and is comprised of entertainment, sports, news, cable, global studios and 30 local stations. He will report directly to Mark Lazarus, chairman of NBCUniversal Television and Streaming.

Ferrari previously served as executive VP of NBCUniversal Telemundo Enterprises, overseeing the company’s operations, financial performance, corporate strategy and development for the portfolio of businesses. For the post of chairman of NBCUniversal Telemundo Enterprises, he is succeeding Cesar Conde, who was recently named chairman of NBCUniversal News Group.

Prior to joining NBCUniversal, Ferrari held various senior executive positions with Univision Communications Inc., including executive VP of corporate strategy and development and executive VP of operations. Prior to that, he was co-founder and partner of a private equity investment firm and began his career in investment banking with Morgan Stanley.

Lazarus said: “Beau is a strong leader with extraordinary business acumen and deep media experience across all media platforms and the Hispanic market. During his three years with the company, he has made a tremendous impact as Telemundo became one of NBCUniversal’s fastest-growing businesses. Beau is ideally suited to seamlessly take over the reins of Telemundo and build on its phenomenal success.”

Ferrari added: “It’s an incredible honor to lead the talented team at Telemundo Enterprises, particularly at a time when there is so much momentum in this business. I am excited for the opportunity to take the company to the next level and guide Telemundo’s continued growth.”