Univision signs up new financial chief

DetailsJuan Fernandez Gonzalez | 10 May 2015

Univision Communications Inc (UCI) has appointed Francisco J. Lopez-Balboa as chief financial officer. He will be based in New York and report to Randy Falco, president and CEO, replacing Peter H. Lori, who has served as interim CFO since February.

Lopez-Balboa has broad experience as a global financial executive with specific strengths in the media industry. Most recently, he served as a managing director and head of telecom, media and technology investment at Goldman Sachs. Univision is currently going through several changes in its executive team.

“Lopez-Balboa is a seasoned executive with the ideal combination of keen strategic thinking, media expertise and financial skills”, said Falco. “Over the course of his career, he has played a role in many of the most transformative transactions within our industry and has a deep understanding of our business and the media landscape as a whole. He shares our vision of building a multiplatform media company, and has an acute appreciation for the important role we play in the Hispanic community”.

“This is an extraordinary time to be joining Univision,” said Lopez-Balboa. “I have long admired Univision’s strong performance and unique growth story, and look forward to working with the board, Randy, Pete and the rest of the management and finance teams.”