Beau Ferrari has been promoted to Chairman of NBCUniversal Telemundo Enterprises, effective immediately. Ferrari succeeds César Conde, who was recently named Chairman, NBCUniversal News Group. He will report directly to Mark Lazarus, Chairman of NBCUniversal Television and Streaming.
Ferrari will oversee the company’s media portfolio that includes the Telemundo broadcast network, which has experienced unprecedented growth over the last several years and led to its position as the number one Spanish-language network. The portfolio comprises Entertainment, Sports, News, Cable, Global Studios, and 30 local stations.
“Beau is a strong leader with extraordinary business acumen and deep media experience across all media platforms and the Hispanic market. During his three years with the company, he has made a tremendous impact as Telemundo became one of NBCUniversal’s fastest-growing businessesBeau is ideally suited to seamlessly take over the reins of Telemundo and build on its phenomenal success,” said Lazarus.
“It’s an incredible honor to lead the talented team at Telemundo Enterprises, particularly at a time when there is so much momentum in this business. I am excited for the opportunity to take the company to the next level and guide Telemundo’s continued growth,” said Ferrari.