Univision Names Beau Ferrari Strategy & Development EVP

MIAMI: Univision Communications Inc. (UCI) has tapped Beau Ferrari for the newly created position of executive VP of corporate strategy and development.

The appointment is effective immediately. In this new expanded role, Ferrari will partner with UCI’s division leaders on strategic business initiatives, investments and merger and acquisition efforts. He will remain based in Miami where he will report to Frank Lopez-Balboa, the CFO of UCI.

Ferrari most recently served as executive VP of operations for UCI, where he has been responsible for managing the growth and profitability of the company’s content offerings across its entertainment, news, sports and cable platforms. He also previously served as interim CEO and general manager of FUSION, interim co-head of Univision Sports and chief of staff/special assistant to the CEO.

“We are at a pivotal point in our company’s history and Beau’s appointment to this new strategic position underscores our commitment to working with external partners and our divisional leaders to identify opportunities for investment and value creation for the company,” said Lopez-Balboa.

Ferrari remarked: “I have had the privilege to work with many of our new businesses during this time of unprecedented growth for UCI. I am delighted to take on this new opportunity to leverage UCI’s unique position to drive further growth across our businesses, assets and platforms.”