NEW YORK, OCTOBER 26, 2017 – Univision Communications Inc. (UCI), the leading media company serving Hispanic America, today announced that Adam Shippee has been promoted to Head of Investor Relations and senior vice president, Corporate Business Development, effective immediately. Shippee, who has been serving as vice president, Investor Relations since August of 2015, will report to Francisco J. Lopez-Balboa, chief financial officer, and remain based in New York. Shippee will take over leadership of the Investor Relations function from Laraine (Rainey) Mancini, who has left the Company.
In his new role, Shippee will work with UCI’s division leaders to further the Company’s strategic business initiatives, investments and merger and acquisition efforts. Shippee will also oversee Univision’s ongoing relationships with the investment community, including educating analysts and investors on the Company’s growth prospects and managing the flow of financial and related communications to key stakeholders.
“Adam is a skilled professional with strong investor and analyst relationships and the business development expertise necessary to effectively lead our IR and development efforts,” said Lopez-Balboa. “Adam’s comprehensive understanding of our business, the industry, and the capital markets landscape will position UCI to succeed as we continue on our journey forward. On behalf of our management team, I want to congratulate Adam on his new role and thank Rainey Mancini for her contributions, and wish her all the best in her future endeavors.”
Shippee said, “I am grateful for the opportunity to lead our Investor Relations and Corporate Business Development teams. UCI has a dynamic story, as our country’s leading media organization for diverse America, and I look forward to working with Frank and the rest of our management, finance and communications teams to continue building relationships and educating our analysts and investors about Univision’s growth prospects and unique positioning in the industry.”
Since joining the Company as vice president, Finance in 2013, Shippee has supported finance and operations, with a particular focus on the Company’s strategic initiatives.
Prior to joining UCI, Shippee worked in a global capacity for General Electric, where he most recently was based out of Shanghai, China. During his more than seven years with the Company, he held various roles in corporate audit, strategy, and acquisitions and dispositions across multiple industries, including Media, Transportation, Oil & Gas, Energy, Healthcare, and Capital, and completed GE’s Financial Management Program certification.
Shippee graduated from the University of Vermont with a B.S. in Business.