TelevisaUnivision Considers Replacing CEO Wade Davis

Published On Sep 18, 2024, 4:30 PM

TelevisaUnivision is contemplating replacing its CEO, Wade Davis, who has been pivotal since the company's acquisition of Univision in 2020. The board is scheduled to meet to discuss this move, potentially appointing Daniel Alegre, the former CEO of Activision Blizzard, as his successor. Wade Davis would transition to a vice chairman role while remaining a shareholder in the company.

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The leadership change could introduce new strategies and innovations under a new CEO, which may positively impact investor sentiment in the long term.

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