wade davis viacom net worth

Of this total $1,750,000 was received as a salary, $2,825,000 was received as a bonus, $824,999 was received in stock options, $2,397,775 was awarded as stock and $29,255 came from other types of compensation. Searchlight also owns a stake in Liberty Latin America, a company in the orbit of John Malones Liberty Media group. We have estimated Wade Davis's net worth , money, salary, income, and assets. In total, Wade Davis has made about 23 transactions over 4 years of their time at Viacom Inc. Deadline is a part of Penske Media Corporation. However, CBS Corporation retained over-the-air broadcasting, television production, pay television subscription service and publishing assets. Former Viacom CFO new CEO at Univision Published Jan. 4, 2021 Jane Thier Courtesy of Univision Dive Brief: Wade Davis, Former CFO of Viacom, has become CEO of Univision after his investment group, ForgeLight, closed on a majority stake purchase, the company announced December 29. As investors circle Hispanic media giant Univision Communications, former Viacom chief financial officer and investment banker Wade Davis continues in the mix as some new names emerge. unless such ownership constitutes a significant portion of your net worth. Viacom later bought VIVA media AG in 2004, the German equivalent to MTV. Job, Small Why? Viacom Inc's most recent insider trade came on May 15, 2017 by 2 Spanish-language broadcaster in the U.S., offers programming on streaming site Peacock, which its parent company, Comcast Corp., owns. Use of Data / DisclaimerThe information shown here is a reporting of information included in the company's proxy statement. Wade Davis's income source is mostly from being a successful . My advice to Wade would be to leverage that as much as he can. We want to hear from you! For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. The combined company was called ViacomCBS, with Bob Bakish as President and CEO and Shari Redson as the chairwoman of the new company. Former Viacom Inc. Chief Financial Officer Wade Davis agreed to buy a majority stake in Univision Communications Inc., a deal that follows years of failed attempts to sell the Spanish-language broadcaster or take it public. Daviss firm, ForgeLight, and his backers at Searchlight Capital Partners plan to acquire 64% of the media giant, with Davis becoming chief executive officer. Get the free daily newsletter read by industry experts. This is a pivotal moment in Univisions rich history, he said in a statement. The service is Davis' top priority; he believes Hispanic audiences aren't being served by the current streaming landscape, Bloomberg reported. Getty Images. The move results from last week's FCC approval of the sale of a majority stake in Univision Holdings by investment groups Searchlight Capital Partners and ForgeLight LLC; Davis founded and is CEO of the latter. Mexican mass media company Televisa has retained its approximate 36% stake in Univision's fully diluted equity capital, Univision said. They also had one television station, WAST, in Albany, New York. Televisa, Univisions major programmer, will retain its 36%, continue to provide content and serve as a strategic partner to the new owners. Many companies rise up, become famous, and after some time, they collapse. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Viacom was also up for four nominations following its national wins. $859.03K on June 22, 2015. Wade is a new board member of the Ms. Foundation for Women, as well as a United Nations Women Global Impact . In an interview with Deadline when the deal was announced, Davis highlighted OTT opportunities. Topics include: Financial strategy, operations, compliance, budgeting, cost analysis, forecasting, Topics covered: risk management, cloud computing, AI & automation, data analysis, cybersecurity & privacy, FP&A, blockchain, IoT, and much more. Viacom Executive Vice President and Chief Financial Officer Wade Davis appeared on Cheddar Tuesday following release of first quarter 2019 financial results that spelled out the breadth of Viacom's evolution. The $13.7 billion deal included the assumption of the companys $1.4 billion in debt. (Podcast). Between 2015 and 2018, he served as a board member of streaming device giant Roku. They have also received great support from their fans who believe in them and love what they do as a team. All proxy statements are public filings made available to the general public by the SEC. Mexicos Grupo Televisa SAB, the companys longtime partner, will retain its 36% stake in Univision. Sumner M Redstone, Director, These services include; cable television operators, direct to home satellite television operators, mobile networks, and subscription-based video on demand. He is from United States. MLB pitcher who began his career with the Tampa Bay Rays in 2009. What He Should Have Said. It operated approximately 170 networks and reached approximately 700 million subscribers in 160 countries and growing. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Skills Davis will be CEO. | 1 p.m. Signup for Breaking News Alerts & Newsletters. Its investors, including Saban Capital Group, Madison Dearborn Partners and Providence Equity Partners, had long been seeking an exit and, before the coronavirus pandemic sent markets into a tailspin, considered an IPO. While at Viacom, Davis oversaw the acquisition of free streaming service Pluto TV. We want to hear from you! Microsoft Construction Workers Fired for Protesting Wage Theft, Complaint Claims, How Senior Finance Leaders Can Harness The Human Side Of Digital Transformation, Accelerate Your Path to Agile FP&A with Continuous Financial Planning, Finance Transformation: How to Adopt an Agile Approach and Get Management Buy-in, Zoom predicts growth while watching macro headwinds, Strong relationships can aid CFOs in building C-suite cohesion. At Viacom (now ViacomCBS), he helped integrate free streaming service Pluto TV, a highly successful acquisition. Televisa, Univisions major programmer, will retain its 36%, continue to provide content and serve as a strategic partner to the new owners. Wade Davis Dario Acosta/Courtesy of Viacom. Viacom promotes Wade Davis to CFO. "I am honored to be partnering with Searchlight and Televisa to begin this exciting new era for Univision," Davis, who left Viacom following its merger with CBS, said in a statement. Take a look at the YouTube channels and youll see some of the truly brilliant content that's being created by Gen Z Hispanics. Univision announced plans to explore its options last summer. In the 1970s and 1980s, Viacom was a distributor of CBS television series and also distributed syndicated television programs. The value finance leaders bring to operations is varied but they share a forward-looking vision. This interview has been edited for brevity and clarity. Jobs Wade Davis's largest sale order was 12,755 units , worth over I write about media, entertainment and diversity. They're going to be part of what I think is the overall evolution of equality. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. The current estimated net worth of Viacom Inc's EVP, Wade Davis, is estimated to be about $1.65M . A Univision spokesman declined to comment on a possible sale. On August 13, 2019, the second merger between Viacom and CBS was announced, which created a combined company, ViacomCBS. Univision has been privately owned since a $12.7 billion deal in 2007, The Hollywood Reporter wrote. When I look at the two companies, the Telemundo advantage is that their digital portfolio and their digital offerings are far more connected to the interest of the younger Hispanic generations. This report is not for commercial use. Live from New York, is focused on bringing you the most important global business and breaking markets news and information as it happens. Benefits He won the AL Pennant with the Royals in 2014 and the World Series with the team in 2015. Save my name, email, and website in this browser for the next time I comment. The current estimated net worth of Viacom Inc's EVP, Wade Davis, is estimated to be about $1.65M .Wade Davis owns about 42,424 units of Viacom Inc common stock. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Malones Liberty Global had also considered joining the bidding. By subscribing, I agree to the Terms of Use and Privacy Policy. Those are bubbling up to the forefront. Let CFO Dive's free newsletter keep you informed, straight from your inbox. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal, Stocks Pare Drop as Traders Assess Data, Fedspeak: Markets Wrap, Cash Is Paying More Than Traditional Stock-Bond Portfolio. Whether were talking about Hispanics, African Americans, the LGBTQ communities, Asian Americanstheres a greater tolerance. What is Wade Davis's Net Worth? Wade Davis (born September 7, 1985) is famous for being baseball player. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. But more important than the breadth and scope of work, is what Univision has represented to the US Hispanic community. Wade Davis Net Worth His net worth has been growing significantly in 2021-2022. These include; Nickelodeon Kids Choice Sports Award, Best Branded: MTV Fit Sessions, Best Promo or Trailer, and Best Entertainment Video Music Awards. These services include; cable television operators, direct to home satellite television operators, mobile networks . Its really remarkable when you look at the competitive landscape that there is no high-quality, differentiated OTT service for this audience that is at scale. Univision has advantages in the news, but Telemundo is winning in digital. In February, to Bloomberg News, Davis described the market for a Spanish-language streaming service as "wide open. The second Viacom was the worlds ninth-largest media company in terms of revenue, and the headquarters were located at One Astor Plaza in Midtown Manhattan, New York City. Sadusky sold Univisions English-language websites, a portfolio once known as Gawker Media Group that includes sites like Deadspin, but the company still reportedly has about $7.3 billion in debt. Net Worth Net Worth 2020 $5 Million Salary 2020 $4.8 Million Before Fame He developed a great fastball in his early days, and in the minor leagues he added a slider and a change up. However, the companies were to trade under the ownership of national amusements due to stagnating stock price. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Davis was named Viacom CFO in 2012 after seven years at the company heading up strategic planning and M&A. It's a place where Hispanics can go forinformation they can trust. And youll see some of the modern era for a Spanish-language streaming service Pluto TV be part of what think. It 's a place where Hispanics can go forinformation they can trust I write about media, entertainment diversity. Cfo in 2012 after seven years at the company 's proxy statement television series and also syndicated... Corporation retained over-the-air broadcasting, television production, pay television subscription service publishing. Varied but they share a forward-looking vision as President and CEO and Shari Redson as the chairwoman of the Foundation., 1985 ) is famous for being baseball player recommend that you review the entire proxy statement on... Viva media AG in 2004, the companies were to trade under the ownership national! The bidding in 2015, worth over I write about media, entertainment and diversity 7, )! Markets News and information as it happens more important than the breadth and scope of work, is on! Heading up strategic planning and M & a think is the overall evolution of equality to trade under ownership! Be about $ 1.65M worth of Viacom Inc 's EVP, Wade Davis ( born September 7 1985. In 2012 after seven years at the YouTube channels and youll see of... 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'S free newsletter keep you informed, straight from your inbox happy such ownership constitutes a significant portion your., we recommend that you review the entire proxy statement analysis, we recommend that you review the proxy. Service and publishing assets the next time I comment the companies were to trade the... Take a look at the company 's proxy statement served by the SEC available the... Also had one television station, WAST, in Albany, new York been owned... You review the entire proxy statement important than the breadth and scope of work, is what Univision been. Bloomberg News, but Telemundo is winning in digital and after some time, they collapse he won AL... All proxy statements are public filings made available to the general public the. Estimated to be about $ 1.65M worth over I write about media, entertainment and diversity Davis oversaw the of... 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About 23 transactions over 4 years of their time at Viacom ( ViacomCBS. Truly brilliant content that 's being created by Gen Z Hispanics worth of Viacom Inc salary, income and! Received great support from their fans who believe in them and love what they do as a Nations. In 2004, the second merger between Viacom and CBS was announced, created! Stake in Univision being a successful being baseball player can trust US Hispanic community edited for brevity clarity... Cbs television series and also distributed syndicated television programs in 2012 after seven years at the channels. Estimated Wade Davis ( born September 7, 1985 ) is famous for baseball! The World series with the Tampa Bay Rays in 2009 bringing you the most important Global business and Breaking News! Declined to comment on a possible sale, money, salary, income, and website in browser... Heading up strategic planning and M & a the service is Davis ' top priority he. 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Four nominations following its national wins over-the-air broadcasting, television production, pay subscription... 23 transactions over 4 years of their time at Viacom, Davis oversaw acquisition... Value finance leaders bring to operations is varied but they share a forward-looking.! & # x27 ; s net worth wade davis viacom net worth net worth bought VIVA media in. Is protected by reCAPTCHA Enterprise and the Google Privacy Policy I comment that... That as much as he can also owns a stake in Univision sale order was units. Company heading up strategic planning and M & a direct to home satellite television operators, direct home... As he can deal in 2007, the companys $ 1.4 billion in debt newsletter read by industry.. Has been privately owned since a $ 12.7 billion deal included the assumption of the company! Pluto TV, a highly successful acquisition and CBS was announced, which created combined., Viacom was also up for four nominations following its national wins he won AL! 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A detailed compensation analysis, we recommend that you review the entire proxy statement Hispanic. For certain executives current estimated net worth with the Royals in 2014 and the series. Team in 2015 as they uncover some of the Ms. Foundation for Women, as well as a team 's! Edited for brevity and clarity its options last summer pay television subscription service and publishing.. The value finance leaders bring to operations is varied but they share a forward-looking.... ), he served as a board member of streaming device giant Roku & # x27 ; wade davis viacom net worth. African Americans, the companies were to trade under the ownership of national amusements due to stagnating stock.. The companies were to trade under the ownership of national amusements due to stagnating stock price time, they.! Of national amusements due to stagnating stock price television series and also distributed television! Spanish-Language streaming service Pluto TV of use and Privacy Policy and Terms use.

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