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Joe Uva to Become Chief Executive Officer of Univision – The Press Release

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Posted on: February 28th, 2007
Filed Under: Business, Hispanic News, Media, Press Releases
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“Broadcasting Media Partners Inc. “BMPI”, an investor group including Madison Dearborn Partners, Providence Equity Partners, Texas Pacific Group TPG, Thomas H. Lee Partners, and Saban Capital Group, announced today that following completion of its pending acquisition of Communications Inc. NYSE: UVN, Joe Uva will become Chief Executive Officer of , the leading media company in the U.S.

Uva, 51, who is currently President and Chief Executive Officer of OMD Worldwide, an Omnicom company, will be based in New York. He will assume the CEO position at effective April 1, 2007. The acquisition of is expected to be completed in March.

Over the past five years, Uva has led the growth of OMD into the #2-ranked global media strategy and buying agency with over 100 offices in over 80 countries. He will have overall responsibility for all aspects of ’s operations, including its television, , music and online divisions.

BMPI said, “ has enormous growth opportunities ahead of it, and we are very pleased that an executive with Joe Uva’s broad media experience, leadership abilities, and entrepreneurial qualities will be driving our efforts to build value and take the company to the next level. Joe has a proven track record of achievement in a broad range of advertising-focused media businesses based on his effective strategy development, team building, sales skills, creative execution and new business expansion. While at OMD he structured the industry’s first billion-dollar cross-media buying contract and attracted a stable of new clients while solidifying a global network and working to establish best practices around the world. He previously played a key role in the growth and development of Turner Broadcasting over a 17-year period. We are delighted to welcome him to .”

“I am excited to have the opportunity to lead a premier company that has redefined the American media landscape and is so deeply embedded in the lives of its audience,” said Uva. “This is a company with tremendous strength that has fabulous growth opportunities. Its relationships with its consumers are unparalleled in the media industry. I very much look forward to working with ’s outstanding management team, programming and industry partners, and leaders in the Hispanic community to build on the Company’s legacy of innovation and success. At the same time, it will be difficult to leave OMD where I have had a very positive experience. OMD is a strong company with a deep management team that will move forward without missing a beat.”

Uva has spent five years as President and Chief Executive Officer of OMD where he successfully led the company to be named Global Media Agency of the Year by Advertising Age Magazine in 2003, by Adweek and Campaign Magazines in 2005, and US Media Agency of the Year by Advertising Age in 2005.

Prior to joining OMD in 2002, Uva spent 17 years at Turner Broadcasting System, Inc. In 1996, he was named President of Sales and Marketing for Turner Entertainment Group, where he handled all advertising sales and marketing for TBS Superstation, TNT, Turner Sports, Cartoon Network, WTBS-TV and all network websites. Uva also oversaw strategy and investments in interactive television, the Internet and specific audience as head of the Turner Ventures Group. Prior to joining Turner, Uva was involved in a Swiss independent media partnership after having served as Eastern Regional Sales Manager for USA Network. Earlier in his career, he worked as a media planner for McCann Erickson and Grey Advertising.

Uva serves on the Boards of Directors of TiVo Incorporated and Imaginova Corp. He is a graduate of the State University of New York at Albany.

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