Grupo Televisa, S.A.B. Announces Management Changes
July 20, 2021 at 04:16 pm EDT
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Grupo Televisa, S.A.B. announced that Carlos Ferreiro, current Chief Financial Officer (CFO) of the Company, will step down on September 30th, 2021 to become Chief Financial Officer (CFO) of Univision Holdings Inc. (“Univision”) effective October 1st, 2021. He will continue with this position for the combined company following the closing of the previously announced Televisa-Univision transaction. Carlos Phillips, current Managing Director/Finance of Grupo Televisa, will become interim CFO of the Company after Mr. Ferreiro steps down. Mr. Phillips has held several positions in the finance group since he joined Televisa in 2019 and played a key role in the recently announced Televisa-Univision transaction. Previously, Mr. Phillips was an investment banker in New York, with nearly 20 years of experience at firms including JP Morgan, Goldman Sachs, BBVA and Itaú.
Grupo Televisa, S.A.B. is a media company, cable operator in Mexico and an operator of a direct-to-home (DTH) satellite pay television system in Mexico. The Company operates through four segments: Content, Sky, Cable and Other Businesses. The Content segment includes Advertising, Network Subscription, and Licensing and Syndication. The Sky segment includes DTH broadcast satellite pay television services in Mexico, Central America and the Dominican Republic. The Cable segment includes the operation of a cable multiple system in the Mexico City metropolitan area; the operation of telecommunication, and the operation of a cable multiple system. The Other Businesses segment includes its domestic operations in sports and show business promotion, soccer, feature film production and distribution, gaming, radio, publishing and publishing distribution. The Company distributes the content it produces through various broadcast channels in Mexico and in approximately 50 other countries.
GRUPO TELEVISA, S.A.B. 
