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Entravision Ends Cooperation Pact With Ulloa Family


Entravision
Entravision

Entravision Communications Corporation has mutually agreed with Alexandra Seros and related family trusts to terminate a cooperation agreement originally established in 2023 following the death of former Chairman and CEO Walter Ulloa. The company disclosed the decision in a Form 8-K filing with the U.S. Securities and Exchange Commission dated May 18.

Under the original agreement, entered into on May 4, 2023, Entravision agreed to nominate a candidate supported by the Ulloa family interests to the company's board of directors, while the stockholders agreed to certain commitments regarding ownership of Entravision shares.

The filing stated that the agreement has now been terminated and is "of no further force or effect," ending all related rights and obligations between the parties.

Despite the termination, Thomas Strickler -- who joined the board under the terms of the agreement -- will remain a member of Entravision's board of directors.

Alexandra Seros is the widow of Walter Ulloa, who led Entravision for decades and helped build the company into one of the nation's largest Hispanic-focused media operators before his death in 2023.

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