Entravision Communication (EVC) Terminates CFO and Chief Strategy and Business Development Officers

On May 9, 2024 Entravision Communication (NYSE: EVC) terminated the employment of Christopher T. Young, Chief Financial Officer, and Juan Saldívar von Wuthenau, Chief Strategy and Business Development Officer, each effective immediately. Subject to the execution of a release, each of Messrs. Young and Saldívar will be entitled to certain remuneration, rights and benefits associated with a termination of a “Group II executive” without “cause” (as each term is defined in the Company’s Executive Severance and Change in Control Plan, previously filed as an exhibit to the Company’s Current Report on Form 8-K filed on May 17, 2023). Neither Mr. Young nor Mr. Saldívar is entitled to any severance payments beyond what is set forth in the Company’s Executive Severance and Change in Control Plan.

(c) On the Effective Date, the Company appointed Mark Boelke as Chief Financial Officer and Treasurer of the Company, effective immediately. Mr. Boelke, age 52, served as the Company’s General Counsel and Secretary since 2006, after joining the Company in 2005 as Deputy General Counsel and Vice President of Legal Affairs. Before joining the Company, Mr. Boelke was an attorney at O’Melveny & Myers LLP. Mr. Boelke earned his law degree from the University of Minnesota Law School and a Bachelor of Arts degree from St. Olaf College.

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