Telemundo has a new leader after its current chairman, Beau Ferrari was made a strategic advisor to the executive who has oversight for both news and Spanish-language programming at parent company NBCUniversal.
Luis Fernandez, who retired from Telemundo in 2021, will return to the large NBCU unit. Meanwhile, Ferrari was named an advisor to Cesar Conde, the chairman of NBCUniversal News Group. Telemundo, which maintains operations in news, stations and entertainment, is part of Conde’s portfolio.Ferrari is expected to work on strategic growth opportunities.
Fernández, who will report to Mr. Conde, previously served as President of Noticias Telemundo, the news division of Telemundo.
“Throughout his extraordinary career, Luis has time and again shown visionary leadership, building and growing the most successful Spanish language media organizations in the United States and overseas,” Conde said, in a statement. “At this moment in Telemundo’s storied history, we are so fortunate to have someone of Luis’s experience and stature to rejoin our team and excited about what the future holds for Telemundo and its audiences under his leadership.”
Ferrari, Conde added, “has led Telemundo during a transformative time. He and the team delivered innovative content across all platforms and record financial results. I look forward to continuing to work closely with him in his new role.”
Ferrari has worked as chairman of Telemundo for the past three years. Before joining as an executive vice president in 2017, Ferrari worked at rival Univision, overseeing strategic planning, acquisitions, growth investments in one position and operations in another.
Fernándezhas been CEO of Radio Television Española, Spain’s state-owned public radio and television corporation and president of Univision Entertainment and Univision Studios, among other roles.