The search for a CEO for a soon-to-be recharged Univision is under way, and one potential candidate is already being buzzed about, especially in loose-lipped Miami.
Jim McNamara, who is bilingual and whose resume includes top jobs at both Universal TV and Telemundo, has been, per sources, “informally sounded out” by Univision acquirer Haim Saban on several occasions over the last few months. McNamara now runs his own film production company, Panamax, out of Miami.
Back in June the numero uno Hispanic broadcaster was snapped up by Saban and a consortium of private equity firms for $13 billion. Saban will assume former owner Jerrold Perenchio’s chairman title, but he needs a key player to take over the management reins as CEO.
No offer has been formalized, and there are three or four other candidates on a shortlist. The deal for Univision is set to close at the end of January. The CEO is likely to be based in New York, where the network’s ad sales operations are headquartered, rather than in Miami, where programming is centered.
Saban and equity partner Providence are leading the team that will sort out Univision, though for the moment, they are more focused on the sale of their major media property in Germany, ProSiebenSat 1, which is currently entertaining bids.
McNamara did some consulting last spring for one of the other equity partners involved in the Univision buyout, Texas Pacific.