TelevisaUnivision has named Daniel Alegre as its new CEO starting Thursday (Sept. 19). The decision is part of the board of directors’ strategic succession planning. Alegre takes over for Wade Davis, who will become vice chairman of the board of directors and remain on the executive committee.

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“On behalf of the board, I’m excited to welcome Daniel to TelevisaUnivision as we embark on the next phase of our strategic journey focused on further integration and optimization,” TelevisaUnivision’s executive chairman, Alfonso de Angoitia, said in a press release. “It’s been a very dynamic media environment, and we are grateful for what Wade has accomplished in the turnaround of Univision and the subsequent transformative merger between Univision and Televisa’s content business to create TelevisaUnivision.”

“The media landscape is undergoing a profound transformation and TelevisaUnivision is strategically poised to seize new opportunities while staying deeply connected to the communities we serve,” Alegre said in a release. “The U.S. and Mexico represent the most valuable and populous Spanish-language markets in the world, a demographic that is becoming more prominent both regionally and globally.”

Originally from Mexico, the new network leader possesses operational-focused leadership experience within the Hispanic community and across the U.S., Mexico and Latin America. With over three decades working in media, entertainment and technology, Alegre was most recently CEO of Yuga Labs, a web3 company. He previously served as president and COO of Activision Blizzard. 

“Building on TelevisaUnivision’s solid foundation, global content pipeline, ongoing investments in cutting-edge technologies, and unmatched reach, we are uniquely positioned to continue serving this vital audience,” Alegre continued. “Wade and the entire TelevisaUnivision team have created a strong multi-platform media business with world-class quality and breadth of entertainment, news and sports programming.”

Davis added, “We could not have picked a better successor than Daniel, who brings an incredible track record of operational and strategic execution. He is the ideal executive to take TelevisaUnivision into its next phase of growth. The Company’s future is bright, and I look forward to supporting Daniel and the TelevisaUnivision team in my role as vice chairman of the board.”

During Davis’ Univision tenure, the company completed a $4.8 billion merger with Group Televisa in 2022, forming TelevisaUnivision as it is known today. The broadcaster has made significant investments in streaming and traditional TV, with its ViX streaming platform approaching profitability. It also runs 35 radio stations across the U.S.