59.8 F
Los Angeles
Saturday, May 4, 2024

2022 CFO Awards: Public Company CFO of the Year Honoree – Chris Young

2022 cfo honoree_chris young

Chris Young
Chief Financial Officer and Treasurer
Entravision Communications Corporation

As CFO of Entravision, a leading global advertising solutions, media, and technology company, Chris Young has a unique background that is geared around finance and media operations rather than the typical accounting career path of CFOs.

He began his career as a banker in the 1990s focused on servicing clients in the TV, radio, and outdoor advertising industries. He then became CFO of a national outdoor advertising company, Vista Media, based in New York, which was ultimately acquired by Entravision. Upon arriving at Entravision, Young was quickly promoted to run the Outdoor Advertising Division, which was his first experience being responsible for a profit and loss statement. After helping Entravision successfully divest its Outdoor Advertising division, in 2008 he moved into the role of CFO of the Santa Monica-based parent company.

Since that time, Young has leveraged his banking experience to help guide Entravision through multiple recessions and loan amendments while ensuring that the company stayed focused on reducing its debt levels from over 6x EBITDA when he arrived to nearly 0x on a net of cash basis today.

As of late, Young has also been successfully managing the financial complexities associated with Entravision’s recent transformation from that of a domestic Spanish language broadcaster with annual revenue of $250 million to a global digital media and tech powerhouse with operations spanning 34 countries and revenue approaching $1 billion. Throughout the past two years alone, even during a global pandemic, Young’s efforts, along with his team, have resulted in the company’s stock price improving over 230%.

 

Return to 2022 CFO Awards recap page

Featured Articles

Related Articles

Author