Albert Chavez is the Chief Financial Officer for United Ways of California.
Previously Mr. Chavez served as CFO and Senior Vice President for KCETLink, taking over the financial function after the public broadcaster left PBS in 2011 and consequently lost much of its programming and 65% of its revenue in short order. Working closely with successive CEO’s he reduced costs, restructured lease obligations and devised innovative financings to avoid collapse. This provided the station the necessary time to achieve a lucrative result in an FCC bandwidth auction and finally merge operations with a PBS station, regaining PBS affiliation.
In previous CFO positions he managed the financial and administrative functions of an institutional investment manager (Lombardia Capital Partners) through a period of growth from $800 million to $1.7 billion in assets under management. He also launched a digital television channel (SiTV) with a cross-functional team that within 59 days of closing on start-up financing had set up the necessary infrastructure and shot enough original programming to launch the 24/7 channel in over ten millions homes in the US. As the co-founder of El Dorado Communications, he boot-strapped the launch of a group of top-ten-market radio stations buying and restructuring under-performing properties while improving operations. He headed up an event of liquidity for the company earning its private equity backers 25% annual returns over four to six years.
Albert worked with Deloitte in Los Angeles for three years where he earned his CPA. He holds a BA in Mathematics and History from the University of Texas, El Paso and earned an MBA in Finance from the Stanford University Graduate School of Business.
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