TelevisaUnivision Considers Replacing CEO Wade Davis

5 months ago 79

Wade Davis led an acquisition of Univision in 2020, buying out a consortium of private-equity owners.

Wade Davis, wearing a plaid suit, stands before a screen that says TelevisaUnivision.
Wade Davis, the chief executive officer at TelevisaUnivision.Credit...Rob Kim/Getty Images

Benjamin Mullin

Sept. 18, 2024, 4:30 p.m. ET

TelevisaUnivision, the influential producer and broadcaster of Spanish-language television, is weighing a plan to immediately replace its chief executive, Wade Davis, according to three people briefed on the plan who would speak only anonymously because the discussions are private.

The board of TelevisaUnivision is set to meet this week to consider the proposal, the people said.

Daniel Alegre, the former president and chief executive officer of Activision Blizzard, is under consideration for the chief executive role, two of the people said. Under the plan, Mr. Davis would remain a TelevisaUnivision shareholder and serve on the company’s board of directors as its vice chairman.