Entravision has announced the appointment of Michael Christenson as its new CEO effective July 1.
Christenson joins the company after previously serving as President and Chief Operating Officer for software companies New Relic and CA Technologies. He has also been an investment banker with Allen & Company and Salomon Brothers and serves on the boards of multiple companies.
Christenson fills the opening created by the death of company founder Walter Ulloa last December. The company has been growing its digital services globally with recent acquisition of BCNMonetize and launch of Entravision Plus.
Entravision owns over thirty radio stations in the southwestern United States including properties in Denver, Houston, Las Vegas, Los Angeles, Phoenix and Sacramento.
Entravision, a leading global advertising solutions, media and technology company, today announced that Michael Christenson has been appointed Chief Executive Officer, effective July 1, 2023.
“We are excited to welcome Mike as Entravision’s next CEO,” said Paul A. Zevnik, Chair of Entravision’s Board of Directors. “Mike is a proven executive with operational and financial expertise and a track record of driving growth through operational execution and strategic acquisitions. We are confident that his skills and experience will help us unlock opportunities to expand our digital, television and audio segments, enhance our offerings and strengthen our competitive position in international markets. We are pleased that Mike will be joining our team to continue the mission that Walter Ulloa pursued in building the Company over many years and with the same core values that Walter instilled in the people of Entravision.”
Mr. Christenson joins Entravision with more than four decades of experience in helping companies navigate industry and technology transformation as a senior leader, investor and advisor. He previously served as President and Chief Operating Officer of two public software companies, New Relic and CA Technologies, and as an investment banker with Allen & Company and Salomon Brothers. He has also served on the board of a number of high-growth public and private technology companies.
“I am honored to join the team at Entravision,” said Mr. Christenson. “Entravision is an industry leader with a unique value proposition and an impressive suite of digital marketing services across its global footprint. As a leading global advertising solutions, media and technology company, Entravision is well positioned for continued growth and I look forward to leveraging my expertise and working together with the talented team to reach even greater heights.”
Mr. Zevnik added, “I want to thank our entire management team for working to continue the Company’s outstanding performance and building on 2022, which was a record financial year for revenue and consolidated adjusted EBITDA.”
This story first appeared on radioinsight.com