wade davis univision salary wade davis univision salary

All Rights Reserved. Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. What is Univision doing well now and what needs improvement? Jon has been business editor of Broadcasting+Cable since 2010. Wade Davis is Chief Executive Officer and one of the owners of Univision Communications Inc. As the largest Spanish-language content company in the U.S., Univision is guided by its long-standing mission to entertain, inform and empower U.S. Hispanics with news, sports and entertainment content across broadcast and cable television, audio and . By . Wade was drafted #75 by the Tampa Bay Devil Rays in the 2004 Major League Baseball Draft. We welcome all corrections and feedback using the button below. NEW YORK With the transition in power from Vince Sadusky to Wade Davis at Univision Communications in January 2021, a veteran sales . Davis achieved these results by creating several strategic operational improvements, implementing an organizational redesign, leading cost transformation initiatives, and directing the operational oversight of key growth segments. Sign up for THR news straight to your inbox every day. Vince Sadusky has been running Univision as CEO since Randy Falco retired at the end of 2018. Searchlight Capital Partners and ForgeLight to Acquire Majority Stake in Univision. From 1996 to 2006 he served as an editor at Radio & Records. Pierluigi Gazzolo, Luis Silberwasser, Donna Speciale take posts. Univision employees attributed a compensation and benefits rating of 3.1/5 stars to their company. So from a financial point of view, an IPO isnt something the company needs or its not something were planning for. Dive Brief: Wade Davis, Former CFO of Viacom, has become CEO of Univision after his investment group, ForgeLight, closed on a majority stake purchase, the company announced December 29.. Theyve done a great job of de-levering the balance sheet. * To subscribe, you must consent to Futures privacy policy. . Pierluigi Gazzolo was named president and chief transformation officer at Univision (Image credit: Univision) Wade Davis, Univision's new CEO, named his senior management team, bringing several well-known industry executives to the Spanish-language media company. Televisas crucial program license agreement with Univision will remain in effect and will not expire unless Televisa voluntarily sells down a substantial portion of its ownership stake, at which point the agreement would still remain in place for an additional seven and a half year years. Vince Sadusky, Univision CEO, spoke of a re-energized and refocused company and said today marks the start of an exciting new chapter with partners that recognize the excellent position Univision is in.. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Veteran media executive Wade Davis to become CEO of Univision upon closing. Hemisphere Media Group, Platinum Equity and former Viacom CFO Wade Davis have made overtures to Univision. PACIFIC GROVE, Calif., February 18, 2023--On the evening of February 13th, California American Water activated two new pump stations as part of our efforts to reduce reliance on the Carmel River. The oldest company is Fisher Communications, founded in 1910. . Salary: $4.8 Million Date of Birth: Sep 7, 1985 (37 years old) Place of Birth . Univision Miami to Host Miami-Dade County Mayoral Debate With Top Candidates Facing Off in Multi-Media Event Tonight at 5pm on Univision 23 y Radio. . And its for sure the case that if you look at the competitive landscape, there is no high-quality differentiated OTT offering at scale. They help us to know which pages are the most and least popular and see how visitors move around the site. Davis and Searchlight Capital Partners are expected to pay $800 million for a controlling stake in Univision. Use of any marks, trademarks, or logos on this website shall not constitute a sponsorship or endorsement by the trademark holder. So the management team has done a remarkable job of stabilizing the business and positioning it for growth. Read what they think about their salaries on our Compensation FAQ page for , Get started with your Free Employer Profile, Sales Coordinator salaries - 40 salaries reported, Account Coordinator salaries - 30 salaries reported, Account Executive salaries - 28 salaries reported, Intern - Hourly salaries - 20 salaries reported, Marketing Manager salaries - 19 salaries reported, Vice President salaries - 17 salaries reported, Financial Analyst salaries - 16 salaries reported, Communications salaries - 12 salaries reported, National Account Coordinator salaries - 12 salaries reported, Executive Assistant salaries - 12 salaries reported, Video Editor salaries - 11 salaries reported, Traffic Coordinator salaries - 11 salaries reported, Marketing Coordinator salaries - 11 salaries reported, Associate Producer salaries - 10 salaries reported, Senior Software Engineer salaries - 9 salaries reported, Research Analyst salaries - 9 salaries reported. The companys top-rated media portfolio features the Univision and UniMs broadcast networks, 10 cable networks, 61 television stations, 58 radio stations and a robust audio and music experience footprint, and various market-leading digital properties. Streamline RBR, Inc. All rights reserved. The average Univision salary ranges from approximately $49,404 per year for an Administrative Assistant to $325,473 per year for a Vice President. Wade Davis' new investment fund just became part owner of Univision in a deal expected to close late summer with the . Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. Adam Jacobson. Wade Davis - 2021 Salary & ContractWade Davis salary is $1,250,000 per year, including a $0 signing bonus. That year he was traded to the Kansas City Royals. Employees in the top 10 percent can make over $127,000 per year, while employees at the bottom 10 percent earn less than $33,000 per year. Investment firms Searchlight Capital Partners, ForgeLight, founded by former Viacom CFO Wade Davis, with Mexico's Grupo Televisa . Read what they think about their salaries on our Compensation FAQ page for Univision. 2023 The Hollywood Reporter, LLC. Thank you, you'll be receiving newsletter updates from us in your email inbox. Get the latest news from Univision. Davis on Tuesday discussed driving towards the streaming space with Univision, closing distribution deals and content spending. So the management team has taken Univision to a place of strength, and its a unique platform that we continue to build on, and look for innovation and additional growth. Davis has given $8,300 to Democrat politicians since 2007 and is a contributor to former South Bend mayor and Democratic presidential candidate Pete Buttigieg's campaign. Related Company Competitors. Latest news about Wade Davis : 01/12: Transcript : Jaguar Health, Inc. - Special Call: CI. New York, When you look at what the current management team has been able to accomplish in the last 18 months, its quite remarkable, the exec said as he then looked beyond when the transaction is completed later this year to his strategic vision for the Miami-based Spanish-language media outlet. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Data Fraud Is Focus To Bolster Chinas Lackluster Carbon Market, China Gives New Backing to Coal Even as Clean Energy Accelerates, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? An investor group led by former Viacom CFO Wade Davis said Tuesday it has closed its acquisition of a 64 percent stake in Spanish-language media giant Univision Communications. Each of these leaders understand the need to optimize Univisions core businesses to meet its audience where they are and evolve its content, platforms and products to reach the market in new ways, Davis said. On December 29, Searchlight III UTDandForgeLights acquisition of a majority stake ofUnivision Holdingsformally closed. Amy Tenbring and Glenn Dryfoos were promoted to co-interim general counsel at Unvision; Jessica Rodriguez will continue as CMO and Friday Abernethy was promoted to executive VP of content distribution and partnerships. Send us a tip using our annonymous form. Since closing that deal, Davis has hired more than 500 people and made . PENELOPE THE PIG WAS THE CUTEST THING I HAD EVER SEEN. The agreement is one of Univisions most strategic assets, giving it exclusive access to the largest Spanish-language video library in the world. The highest-paying job at Univision is a Vice President with a salary of $325,473 per year. Future US, Inc. Full 7th Floor, 130 West 42nd Street, The success of this turnaround paved the way for the merge of Viacom and CBS to create ViacomCBS. This website is not directly or indirectly affiliated, associated, or connected in any way to Major League Baseball, the National Basketball Association, the National Football League or the National Hockey League. One that will see us accelerate our position as the leading U.S. Hispanic media company as we launch new products and services that will drive value for our U.S. Hispanic audience and for our advertising and distribution partners, who want to reach and engage with this critical audience, said Davis, the former Viacom CFO, whose led the acquisition of Univision by ForgeLight and Searchlight. Univision Communications went private in 2007 when Haim Saban bought the company for $13.7 billion. Groupo Televisa and Univision Holdings said they completed the previously announced transaction that creates TelevisaUnivision Inc., the world's biggest Spanish-language media and content company. Submit a correction suggestion and help us fix it. Specialty Preview, Ozy Media Closes In Wake Of Founder Carlos Watson Scandal, TikTok Introduces New Feature To Limit Screen Time For Teens. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago. Univision Holdings, Inc. Salaries. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Feb. 14, 2020 2:06 PM PT. It has some of the best margins of the traditional media businesses. Davis Board memberships include Cengage Learning, Executive Chairman of Hammerhead Navigation and the Board of Directors of Daybreak Games. He was the July 2010 American League Rookie Pitcher of the Month and was named a starting pitcher on Baseball America's 2010 All-Rookie Team. By. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Signup for Breaking News Alerts & Newsletters. These cookies are necessary for the website to function and cannot be switched off in our systems. 2022: Transcript : Tikehau Capital, H1 2022 Earnings Call, Jul 28, 2022 . A lot of times when people talk about in the media industry whether they have enough scale, its really around their ability to drive enough content spend. 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Already Subscribed? You will receive a verification email shortly. And thats back to whats so unique about this business. Visit our corporate site (opens in new tab). May not be copied or duplicated without express written permission. These cookies may be set through our site by our advertising partners. Former ViacomCBS exec Pierluigi Gazzolo was named president and chief transformation officer at Univision; Luis Silberwasser, last with Telemundo, was named president of the Univision Television Networks Group; and former Turner ad sales head Donna Speciale was named president of advertising sales and marketing. 2022: Univision Communications Inc. completed the acquisition of Content and Media Assets . Its not because were trying to be evasive about it. Wade is the second-cousin of former MLB player Jody Davis. As former Viacom CFO Wade Davis, the founder of ForgeLight, gets set to become CEO of Univision Communications later this year, he talked to The Hollywood Reporter about his plans to capitalize on the fast-growing Latino demo in the news, sports, entertainment and music spaces. The latest from the Univision Sports team. Also Read: Wade Davis and Searchlight Close Deal for Majority Univision Stake. What wasnt expected: a major house cleaning in Univisions C-Suite. How much do Univision employees make? By admin. Univision reportedly "nearing a sale" to investment group involving former Viacom EVP Wade Davis, at a much lower price than 2007 Univision changed hands for $13.7 billion in 2007, but seems . . December 1, 2021. Univision Communications. Submit. His experience includes serving as a C-Suite Fortune 100 operator, board director, investment banker and entrepreneur. Pierluigi Gazzolo was named president and chief transformation officer at Univision, I consent the use of my personal data in accordance with Future's. The average Univision hourly pay ranges from approximately $24 per hour for an Intern - Hourly to $114 per hour for a Director. They have no renewals for multiple years going forward. Today we are announcing a new, industry leading executive leadership team that exemplifies the traits of innovation, collaboration, inclusivity and accountability that will be central to our transformation. Theres going to be a number of months until we actually close the transaction and the specifics about what the strategy on a go-forward basis is. Through the 2014 season Davis has a record of 45 35 with 564 strikeouts and an ERA of 3.91. As part of the acquisition, ForgeLight Chief Executive and founder Wade Davis will become CEO of Univision at the closing of the deal, Univision said. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Earlier in his career, Davis spent nine years in M&A investment banking with ThinkEquity, Lazard, and Wasserstein Perella and led nearly $30B in total transactions, primarily in the tech, education and media sectors. The information does not usually directly identify you, but it can give you a more personalised web experience. By Jill Goldsmith. Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. Davis was part of a group of private-equity investors who agreed in February 2020 to buy a majority stake in Univision. Mexico's media giant Grupo Televisa and U.S. Spanish-language broadcaster Univision today announced they have . USPAACC to Shine Spotlight on 'Unsung Heroes' of Supplier Diversity The US Pan Asian American Chamber of Commerce Education Foundation Continue reading News From Our Partners Wade Davis may refer to: . Financial terms of the of the transaction were not disclosed. In this role, he delivered total company growth across revenue, operating income, and earnings per share. ForgeLight and SearchLight, meanwhile, will buy a majority 64% ownership interest from all the other stockholders of the privately-held company. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. AdvancePath was successfully sold to Graduation Alliance. Wade Davis baseball stats with batting stats, pitching stats and fielding stats, along with uniform numbers, salaries, quotes, career stats and biographical data presented by Baseball Almanac. NAB: 2022 Quadrennial Review A Rerun Of Unfinished 18, Dual Screen Ubiquity: A Tale Of Todays TV Viewer. Please refresh the page and try again. Reports of Davis's pursuit of . The new business, to be called Televisa-Univision, will have an enormous content library Televisa produced 86,000 hours of programming last year broadcast and pay-TV channels and stations . EVP, General Counsel & Corporate Secretary of TelevisaUnivision, Inc. President, Global Platform Strategy & Revenue of TelevisaUnivision, Inc. EVP, Corporate Development, Strategy and Transformation of TelevisaUnivision, Inc. President of TelevisaUnivision US Ad Sales & Marketing. The national average salary for a Univision Holdings, Inc. employee in the United States is $65,488 per year. The smarter way to stay on top of broadcasting and cable industry. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Wade Davis (anthropologist) (born 1953), Canadian anthropologist and ethnobotanist Wade Davis (American football) (born 1977), former American football player Wade Davis (baseball) (born 1985), former baseball player Wade-Davis Bill, American legislation, vetoed by President Abraham Lincoln in 1864; Wade Davis (CEO) Univision When you look at what the current management team has been able to accomplish in the last 18 months, its quite remarkable. Univisions former chief legal and corporate affairs officer Jonathan Schwartz, president of distribution Henry Ahn, and president of ad sales and marketing Steve Mandala are leaving the company. This will enable Televisa to pay down debt. Hopefully it comes across how Im excited I am about the business in the short term, and Im going to be single-minded on working with the team to take advantage of these opportunities. Executive Chairman of TelevisaUnivision, Inc. & Co-CEO of TelevisaUnivision Mexico. Wade C Davis is Chief Executive Officer at Univision Communications Inc. See Wade C Davis's compensation, career history, education, & memberships. 9.5. Can A Pro-Deal Website Woo FCC On TEGNA Privatization OK? Univision Holdings, Inc. competitors are Entravision Communications, Nexstar Media Group, TEGNA, and more. Get the latest news, stats, videos, highlights and more about relief pitcher Wade Davis on ESPN. Wade Davis is Chief Executive Officer and one of the owners of Univision Communications Inc. As the leading Hispanic media company in the U.S., Univision is guided by its long-standing mission to entertain, inform and empower U.S. Hispanics with news, sports and entertainment content across broadcast and cable television, audio and digital platforms. Wade Davis's net worth is $0. Broadcasting+Cable is part of Future US Inc, an international media group and leading digital publisher. Theyve refocused the business on the core audience. Televisa has a shared history with Univision dating back many years and a deep strategic relationship today. Wade Davis. Former Viacom Inc. Chief Financial Officer Wade Davis agreed to buy a majority stake in Univision Communications Inc., a deal that follows years of failed attempts to sell the Spanish-language . Wade Davis, Univision chief executive . Achieving our objectives will require new ways of working together, diversity of perspectives and in some cases new talent and skillsets. Standard General, Tegna Seeking FCC Review of Merger Review Order, UFC 285 PPV - Jon Jones vs. Ciryl Gane: What's On This Weekend in TV Sports (March 4-5), Puss in Boots: The Last Wish to Stream Exclusively on Peacock. By subscribing, I agree to the Terms of Use and Privacy Policy. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. Tambin hoy se oficializ otra de las noticias que te dimos en su momentos, Wade Davis, director general y fundador de ForgeLight, asumi el rol de director general de Univision (CEO), a partir . MIAMI Univision Communications took to LinkedIn to officially welcome Wade Davis as its new CEO, following the completion of a transaction that sees Searchlight Capital Partners and ForgeLight take a majority interest in the nation's largest multimedia company focused on Spanish-speaking consumers. It takes less than ten minutes to set up your company page. And if you go back to the asset base that I just described, its an incredible setup to be able to take advantage of what is a very wide open competitive landscape and a huge market opportunity. Former Viacom Inc. CFO Wade Davis is finalizing a . To see the rest of the Wade Davis' contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. This was actually a purchase and a sale of specific shares that specific shareholders have. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. The lowest-paying job at Univision is an Administrative Assistant with a salary of $49,404 per year. Today begins a transformation for Univision. Can you drill down and tell us what you see standing out in Univisions asset base? VP, Global Broadcast Operations of TelevisaUnivision, Inc. VP of TelevisaUnivision Mexico Networks Programming, Marketing & Research. 2021-2021 Free Agent Its one of the most profitable media businesses in the industry. Now, major changes are coming to the C-Suite. wade davis univision salary. Wade Davis is a writer, photographer, and filmmaker whose work has taken him from the Amazon to Tibet, Africa to Australia, Polynesia to the Arctic. They are among the smartest and most value additive investors in our industry and there is no one I would rather partner with in this transaction., Televisa co-CEOs Bernardo Gomez and Alfonso de Angoitia said the companys decision to maintain its partnership and ownership stake in Univision strongly reflects our deep confidence in Searchlight and Wades leadership, as well as the continued positive outlook we have for Univision as a long-term strategic investment. Explorer-in-Residence at the National Geographic Society from 2000 to 2013, he is currently Professor of Anthropology and the BC Leadership Chair in Cultures and Ecosystems at Risk at . As expected, Davis assumed Univisions Chief Executive chair fromVince Sadusky. There was a problem. The announcement said Televisa will serve as an important partner to the new ownership and management team going forward. Davis has served as a media industry leader for over 25 years, including founding ForgeLight in 2019 to build, acquire and operate companies in the Media and Consumer Technology sectors. See All CEO & Executives. About. Wade Davis is officially Univision's new CEO. Our talented operating team has transformed Univision to be strategically, operationally and financially stronger than it has been in years, Sadusky said. February 25, 2020 9:03am. with an average yearly salary of $72,781. Salary: All-Star: World Series: 2009 Tampa Bay Rays: 58--2010 Tampa Bay Rays: 40--2011 Tampa Bay Rays: 40--2012 Tampa Bay Rays: 40--2013 Kansas City . . He takes over the reins from Vince Sadusky, who led the company since mid-2018, when he replaced Randy Falco.. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX, Chief Executive Officer, Univision Communications Inc. Salaries posted anonymously by Univision employees. Salary Score. ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and . TelevisaUnivision. -. NY 10036. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Univision will pay $3bn in cash and $1.5bn in Univision stock, with the remainder funded by other sources. He played in their minor league system before making his MLB debut for the Rays in 2009 where he played through the 2012 season. Theres no question that Univision has the scale it needs to have. wade davis univision salary. He is a pitcher who bats and throws right handed. He was in the Royals starting rotation in 2013 but moved to the bullpen where he played in 2014. The move results from last week's FCC approval of the sale of a majority stake in Univision Holdings by investment groups Searchlight Capital Partners and ForgeLight LLC; Davis founded and is CEO of the latter. Click on the different category headings to find out more and change our default settings. Davis was previously Viacom's chief . Partnered with the USA TODAY Sports Media Group|Powered by, Signed a minor league contract with Kansas City (KC), Signed a 3 year $52 million contract with Colorado (COL), including a vesting option for 2021, Chicago (CHC) extended a $17.4 million Qualifying Offer for 2018, Traded to Chicago (CHC) from Kansas City (KC) for, Kansas City (KC) exercised a $10M option for 2017, Kansas City (KC) exercised an $8 million option for 2016, Kansas City (KC) exercised a $7 million option for 2015, Traded to Kansas City (KC) from Tampa Bay (TB) with, Signed a 4 year $12.6 million contract with Tampa Bay (TB), Signed a 1 year $404k contract with Tampa Bay (TB), Signed a 1 year $400k contract with Tampa Bay (TB), Drafted by Tampa Bay (TB): Round 3 (#75 overall), Drafted by Tampa Bay (TB): Round 3 (#75overall). The Davis-led investor group on Tuesday said it agreed to acquire a 64 percent majority stake in Univision for an undisclosed sum. Theyve reinvested in their news platform, theyve acquired a substantial portfolio of soccer rights, which is actually the largest portfolio of soccer rights in the U.S. and in any language. The Hollywood Reporter is a part of Penske Media Corporation. All Rights Reserved |, Vince Sadusky, who led the company since mid-2018, Eli Velzquez tapped to lead Telemundo Deportes, Maclovio Perez joins KAVU as chief meteorologist, Lorena Incln returns to Miami as reporter for NBC6 and Telemundo51, Elizabeth Valds retires from Telemundo network, Linda Guerrero joins Americano Media as anchor. How much do Univision employees make? Does Univision have the scale it needs in todays competitive landscape, or do you envision additional M&A to get additional scale? Musk Made a Mess at Twitter. They lead not only in general, but in the categories I referenced: news, sports, music and entertainment. Wade Davis Shakes Up Univision's C-Suite In A Major Way. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. Can you discuss your strategy focus for Univision, and specifically bringing the traditional broadcaster into the streaming-first space? All information these cookies collect is aggregated and therefore anonymous. Deportes Digest . Moving forward after its Jan. 31 merger to become TelevisaUnivision, U.S. Spanish-language media giant Univision reported on its final quarter before joining with Mexico's Grupo Televisa. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. In an announcement early Tuesday, the partners said they intend to build on Univisions recent content and programming momentum to accelerate growth, expand its portfolio of advertising products, substantially enhance its digital presence and work closely with Televisa, which will retain its 36% stake.