21 JUL 2020

TELEMUNDO APPOINTS BEAU FERRAR AS CHAIRMAN

Ferrari will be responsible for the company's media portfolio, which includes the Telemundo broadcast network, a studio arm, and 30 local stations.

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Beau Ferrari has been promoted to chairman of NBCUniversal Telemundo Enterprises, which includes oversight of the Telemundo broadcast network.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,said Lazarus.

In his new role, he will oversee the company’s media portfolio, which includes the Telemundo broadcast network, a studio arm, and 30 local stations. Ferrari will report to Mark Lazarus, the chairman of NBCUniversal television and streaming. “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,” said Ferrari. “I am excited for the opportunity to take the company to the next level and guide Telemundo’s continued growth.”

He succeeds Cesar Conde, who was himself recently named chairman of NBCUniversal News Group. Ferrari has served as EVP of NBCUniversal Telemundo Enterprises since joining in 2017 and was responsible for overseeing the company’s operations, financial performance, corporate strategy and development for the portfolio of businesses.

Before that, he held senior executive positions at Univision Communications, including EVP of corporate strategy and development and EVP of operations. Before that, Ferrari was co-founder and partner of a private equity investment firm, having begun his career in investment banking with Morgan Stanley.

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.” Mark Lazarus Chairman, NBCUniversal