×
You will be redirected back to your article in seconds

Brewing vet hops to Televisa

Aramburuzabala named vice chair after Burrillo ankles post

MIAMI — Brewing exec Maria Asuncion Aramburuzabala has been named vice chairman of the Grupo Televisa board, filling a spot vacated by Alejandro Burillo.

Burillo relinquished his post after selling his 25% stake last month in Televicentro, the privately held holding company that controls Televisa.

The Aramburuzabala and Fernandez families, which own Mexican brewing giant Grupo Modelo, came in as new investors, buying a nearly 21% stake in Televicentro. Televisa chairman and CEO Emilio Azcarraga holds 54% of the holding company; Sinca Inbursa, the Mexican venture capital fund controlled by billionaire Carlos Slim, owns 25% but is obligated to vote with Azcarraga.

Maria Asuncion Aramburuzabala is Modelo’s vice chairman and member of the executive committee.

Also, Carlos Fernandez, CEO of Modelo, was added to the Televisa board. Juan Pablo Andrade, asset manager of the Aramburuzabala family, and private investor Lucrecia Aramburuzabala were made alternates.

More Biz

  • Donald Trump Mohammed bin Salman

    Trump Stands With Saudi Crown Prince in Wake of Khashoggi Killing

    MIAMI — Brewing exec Maria Asuncion Aramburuzabala has been named vice chairman of the Grupo Televisa board, filling a spot vacated by Alejandro Burillo. Burillo relinquished his post after selling his 25% stake last month in Televicentro, the privately held holding company that controls Televisa. The Aramburuzabala and Fernandez families, which own Mexican brewing giant […]

  • Iggy Azalea at Hits 97.3, Fort

    Iggy Azalea Reveals Details of New '$2.7 Million' Record Deal

    MIAMI — Brewing exec Maria Asuncion Aramburuzabala has been named vice chairman of the Grupo Televisa board, filling a spot vacated by Alejandro Burillo. Burillo relinquished his post after selling his 25% stake last month in Televicentro, the privately held holding company that controls Televisa. The Aramburuzabala and Fernandez families, which own Mexican brewing giant […]

  • Glamour Magazine December 2018

    Glamour to Cease Publishing Regular Print Mag in Condé Nast's Latest Digital Shift

    MIAMI — Brewing exec Maria Asuncion Aramburuzabala has been named vice chairman of the Grupo Televisa board, filling a spot vacated by Alejandro Burillo. Burillo relinquished his post after selling his 25% stake last month in Televicentro, the privately held holding company that controls Televisa. The Aramburuzabala and Fernandez families, which own Mexican brewing giant […]

  • Jay Harren Joins StubHub as Head

    Jay Harren Joins StubHub as Head of Business Development, Music

    MIAMI — Brewing exec Maria Asuncion Aramburuzabala has been named vice chairman of the Grupo Televisa board, filling a spot vacated by Alejandro Burillo. Burillo relinquished his post after selling his 25% stake last month in Televicentro, the privately held holding company that controls Televisa. The Aramburuzabala and Fernandez families, which own Mexican brewing giant […]

  • Malibu Fires

    How a Tight-Knit Malibu Community Banded Together in the Face of Wildfires

    MIAMI — Brewing exec Maria Asuncion Aramburuzabala has been named vice chairman of the Grupo Televisa board, filling a spot vacated by Alejandro Burillo. Burillo relinquished his post after selling his 25% stake last month in Televicentro, the privately held holding company that controls Televisa. The Aramburuzabala and Fernandez families, which own Mexican brewing giant […]

  • Amazon Ceo Jeff Bezos Walks on

    Amazon Among Bidders for Fox Regional Sports Networks (Report)

    MIAMI — Brewing exec Maria Asuncion Aramburuzabala has been named vice chairman of the Grupo Televisa board, filling a spot vacated by Alejandro Burillo. Burillo relinquished his post after selling his 25% stake last month in Televicentro, the privately held holding company that controls Televisa. The Aramburuzabala and Fernandez families, which own Mexican brewing giant […]

More From Our Brands

Access exclusive content