Entravision Announces Board Updates
25 10월 2023 - 10:00PM
Business Wire
Two New Directors Join the Board
Entravision (NYSE: EVC), a leading global advertising solutions,
media and technology company, today announced the following updates
to its Board of Directors (“the Board”), effective immediately, as
part of the Company’s ongoing commitment to corporate governance
practices and enhancing stockholder value:
- Michael Christenson, Entravision’s Chief Executive Officer, was
appointed as a director of the Company.
- Lara Sweet, currently a director of MediaAlpha, Inc. and
previously the Chief People Officer, Interim Chief Financial
Officer, and Chief Accounting Officer and Controller of Snap Inc.,
was appointed as an independent director of the Company. Ms. Sweet
will serve on the Audit Committee as a financial expert and on the
Compensation Committee.
- Juan Saldivar von Wuthenau, Entravision’s Chief Digital,
Strategy and Accountability Officer, has resigned as a director of
the Company. Mr. Saldivar will remain in his current executive role
at Entravision which he has held since November 2020.
“We are pleased to welcome both Mr. Christenson and Ms. Sweet as
directors, consistent with our commitment to corporate governance
and periodically refreshing the Board with new perspectives, skill
sets and experiences,” commented Paul Zevnik, Chair of
Entravision’s Board of Directors. “We look forward to benefiting
from Mr. Christenson’s extensive experience with high-growth public
and private technology companies and, in conjunction with his role
as CEO of the Company, building on our strategy to drive growth and
stockholder value. In addition, Ms. Sweet has valuable leadership
experience in finance and human resources at major technology
companies. These updates align with our ongoing Board refreshment
and succession planning, which includes the appointment earlier
this year of Brad Bender, who brings significant digital
advertising industry experience, and Tom Strickler, who added deep
knowledge of the media and entertainment industry as well as
significant business leadership expertise. I’d also like to thank
Mr. Saldivar for his contributions to the Board over the past nine
years and for remaining in his executive role as the Company
continues to build value with our digital media, advertising and
technology platforms.”
Mr. Saldivar added, “It has been an honor to serve as a director
since 2014, while helping develop and implement the Company’s
digital strategy as an external consultant since 2011 and a member
of the executive team for the past three years. I believe
Entravision’s future is bright and I look forward to continuing to
collaborate with the Board and executive team as we advance our
strategy of being a premiere global media, advertising solutions
and technology company.”
Ms. Sweet has been a director of MediaAlpha, Inc., a marketing
technology company that uses technology and data science to help
businesses optimize their customer acquisition efforts, since the
completion of its initial public offering in October 2020 and
serves as the chair of its Audit Committee. In addition, Ms. Sweet
serves as an advisor to private technology companies. From May 2019
to June 2021, Ms. Sweet served as the Chief People Officer at Snap
Inc., a social media company and owner of the Snapchat application.
Prior to that, Ms. Sweet served as Snap’s Interim Chief Financial
Officer from January 2019 to May 2019, and as Chief Accounting
Officer and Controller from June 2016 to September 2019. During her
tenure in these roles, Ms. Sweet was integrally involved in
developing and implementing best practices across Snap’s accounting
and financial reporting functions, among other key initiatives.
Prior to Snap, Ms. Sweet served as Controller and Chief Accounting
Officer at AOL. She has also held the positions of Senior Director,
External Reporting at Freddie Mac and Senior Manager, Internal
Audit at Marriott International. Ms. Sweet received a B.S. in
Accounting from George Mason University.
About Entravision Communications Corporation
Entravision is a global advertising solutions, media and
technology company. Over the past three decades, we have
strategically evolved into a digital powerhouse, expertly
connecting brands to consumers in the U.S., Latin America, Europe,
Asia and Africa. Our digital segment, the company’s largest by
revenue, offers a full suite of end-to-end advertising services in
40 countries. We have commercial partnerships with Meta, X Corp.
(formerly known as Twitter), TikTok, and Spotify, and marketers can
use our Smadex and other platforms to deliver targeted advertising
to audiences around the globe. In the U.S., we maintain a
diversified portfolio of television and radio stations that target
Hispanic audiences and complement our global digital services.
Entravision remains the largest affiliate group of the Univision
and UniMás television networks. Shares of Entravision Class A
Common Stock trade on the NYSE under ticker: EVC. Learn more about
our offerings at entravision.com or connect with us on LinkedIn and
Facebook.
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version on businesswire.com: https://www.businesswire.com/news/home/20231025235907/en/
Christopher Young Chief Financial Officer Entravision
310-447-3870
Kimberly Orlando Addo Investor Relations 310-829-5400
evc@addo.com
Entravision Communications (NYSE:EVC)
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