Recent Updates — EVC
Entravision Communications appointed Brian Krzanich and Gary Ferrera to its Board of Directors, effective October 14, 2026. Krzanich brings technology and AI experience from his tenure as Intel CEO and current role at Cerence, while Ferrera adds financial leadership expertise. Concurrently, Fehmi Zeko resigned from the Board and Audit Committee effective October 23, 2026, citing personal reasons. Gilbert Vasquez announced he will not stand for reelection at the 2027 Annual Meeting of Stockholders but will serve until then as Audit Committee Chair. The changes aim to bolster the company's technology capabilities and support growth in its advertising technology segment. Entravision is a media and advertising technology company that provides video, audio, and digital marketing services targeting Latino audiences through television and radio stations.
The Board of Directors appointed Gary Ferrera and Brian Krzanich as independent directors effective October 14, 2026. Each will serve until the 2027 annual meeting. The board size increased from seven to nine members. Mr. Ferrera joins the Audit Committee; he is Managing Partner at Jedburgh Management Consulting and former CFO of MoneyGram International. Mr. Krzanich serves as CEO of Cerence and former CEO of Intel. Both receive standard non-employee director compensation including prorated restricted stock units. Entravision Communications Corporation operates in the Spanish-language media and advertising industry.
Entravision Communications Corporation amended its Station Affiliation Agreement with affiliates of TelevisaUnivision, Inc. on October 5, 2026. The amendment extends the agreement's term from December 31, 2026 to March 31, 2027, with automatic three-month renewals unless 30 days' notice is given. Related proxy and marketing agreements are extended on the same terms. TelevisaUnivision owns approximately 10% of the company's common stock. Entravision Communications Corporation operates as a Spanish-language radio broadcaster in the United States.
Entravision Communications reported second quarter 2026 results, with consolidated net revenue surging 126% to $227.9 million compared to the prior year period. This growth was driven by a 230% increase in its Advertising Technology & Services segment, which posted operating profit of $40.0 million, while its Media segment experienced a slight revenue decline and an operating loss of $3.3 million. The company also announced a quarterly cash dividend of $0.05 per share on Class A and Class U common stock, payable September 30, 2026 to shareholders of record as of September 16, 2026. Additionally, Entravision repaid $5 million on its bank term loan during the quarter and held $83.4 million in cash and marketable securities against $157.3 million in debt. The company operates in the media and advertising technology industry, providing video, audio, and digital marketing services to Latino audiences in the U.S. and programmatic advertising solutions globally.
On July 16, 2026, Entravision Communications Corporation appointed Michael Christenson, who remains Chief Executive Officer, as Chair of the Board. Paul Zevnik resigned as Board Chair but will continue serving as lead independent director. The company operates in the media and communications industry, providing advertising and content distribution services.