Entravision Communications Corporation announced that Jesse Casso, Jr. has been appointed to the company's Board of Directors as the company's financial expert on the Audit Committee. Mr. Casso fills a vacancy created by the recent resignation of Amador S. Bustos, who resigned from the Board to pursue other business opportunities.
Mr. Casso was most recently a Managing Director in the Los Angeles office of Merrill Lynch. From 1999 to 2002, he was head of Investment Banking for Merrill Lynch Japan, where he served as a member of the Merrill Lynch Japan Executive Committee and the Global Investment Banking Operating Committee. Mr. Casso joined Merrill Lynch in 1995 as head of its Latin American Financial Institutions Group. Previously, Mr. Casso was an investment banker with Goldman, Sachs & Co. Mr. Casso was principally involved in providing merger and acquisition and capital markets advisory services to companies in the United States, Latin America and Japan. He is a graduate of the University of California, San Diego, received his law degree from the University of Pennsylvania Law School, and was a Fulbright Scholar. Mr. Casso co-chairs the Corporate Board Initiative of the New America Alliance, an organization of the nation's most prominent Latino business leaders, and is a Director of First Fed Financial Corp. He is also a member of the State Bar of California.
Walter Ulloa, Chairman and Chief Executive Officer of Entravision, commented, "We are pleased to welcome Jesse to Entravision's Board of Directors. His experiences in raising capital and overseeing mergers and acquisitions, as well as his legal background, will be invaluable as we continue to grow Entravision and create value for our stockholders."
Mr. Casso commented, "Entravision is one of the fastest growing Spanish-language media companies with a very unique operating strategy, and I am proud to become a member of its Board of Directors. The company is well-positioned to capitalize on the burgeoning U.S. Hispanic market and I look forward to working with other Board members to continue Entravision's expansion and growth."