The former Entravision CFO has a similar role at The Weather Channel

He most recently served as CFO for Entravision Communications, multimedia company with roots in US Hispanic media that has expanded its holdings to become a global digital advertising solutions entity. Now, he has taken on a similar role at one of its business units Allen Media Group.

The Weather Channel is welcoming Christopher Young as CFO. I succeed those who are now retired Bill Higgs, and will also serve as EVP of AMG, the parent company of the founder-led Weather Group byron allen under AMG EVP/CFO Christopher Malone.

Young will be based at both AMG’s Los Angeles headquarters and The Weather Channel’s Atlanta campus, reporting directly to Byron Allen.

Young spent 16 years at Entravision until his departure from the company in May of this year. General Counsel Mark Boelke assumed the role of Treasurer/CFO, a move that saved the company approximately $600,000 in salary and fringe benefits. Young’s departure was seen as part of a cost-cutting initiative necessary following a significant loss of revenue associated with Metascrolling ASP of; that decision affected more than half of Entravision’s dollar generation.

Prior to his time at Entravision, Young was president of the Los Angeles-based outdoor advertising company Vista Media, holding the role from 2004 to 2008. From 2000 to 2004, Young was chief financial officer of Vista Media. Prior to that, Mr. Young worked with Bank of Montreal (BMO)where he was responsible for all of the bank’s corporate finance activities for the broadcast and outdoor advertising industries.

Young’s additional prior experience includes positions at Bank of Tokyo-Mitsubishi and Chase Manhattan Bank.

Byron Allen commented: “We are very excited to have Christopher Young join the Allen Media Group. Chris brings extensive financial and operational experience in the media industry spanning over three decades. His strong expertise and ongoing experience in the capital markets are valuable assets. Chris adds great depth to our executive leadership team and will be critical to our business as we continue to rapidly grow and execute on a number of long-term strategic initiatives.”

Young added: “I have followed the growth of Allen Media Group for years and am impressed with what Byron and his talented executive team have achieved. Simply put, because of their vision, drive and discipline, Allen Media Group consistently outperforms the industry. I look forward to working with the Allen Media Group team to help execute our continued growth and long-term strategies.”