July 21, 2020

Beau Ferrari has been promoted to Chairman of NBCUniversal Telemundo Enterprises, effective immediately. He will report directly to Mark Lazarus, Chairman of NBCUniversal Television and Streaming. Ferrari will oversee the company’s media portfolio that includes the Telemundo broadcast network, which has experienced unprecedented growth over the last several years and led to its position as the number one Spanish-language network. The portfolio comprises Entertainment, Sports, News, Cable, Global Studios and 30 local stations.

“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. He added, “Beau is ideally suited to seamlessly take over the reins of Telemundo and build on its phenomenal success.”

Ferrari succeeds Cesar Conde, who was recently named Chairman, NBCUniversal News Group.

“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.”

Ferrari was Executive Vice President of NBCUniversal Telemundo Enterprises since 2017, overseeing the company’s operations, financial performance, corporate strategy and development for the portfolio of businesses. During his tenure, Telemundo became a top five broadcast network - alongside NBC, CBS, ABC and Fox - for the first time in its history.

Prior to joining NBCUniversal, Ferrari held various senior executive positions with Univision Communications Inc., including Executive Vice President of Corporate Strategy and Development, where he oversaw strategic planning, acquisitions and growth investments, and Executive Vice President of Operations (COO), where he operated 17 networks, cable, news, sports and digital businesses. Prior to that, Ferrari was co-founder and partner of a private equity investment firm and began his career in investment banking with Morgan Stanley.

 

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