Falco named President & CEO of Univision.

Univision Communications Inc. announced that Randy Falco, executive vice president and chief operating officer, has been appointed president and chief executive officer, effective immediately. Additionally, Falco will become a member of the Univision Board of Directors and will continue to be based in New York. This appointment follows a comprehensive search process. 
 
Haim Saban, executive chairman of the Univision Board of Directors, stated, “The Board unanimously agreed that Randy’s track record and expertise make him the ideal executive to lead Univision’s future growth.  Randy has over 30 years of relevant industry experience and has demonstrated his highly-skilled leadership and strategic vision at Univision over the past six months.  We are confident in Randy’s ability to deliver on Univision’s goals and accelerate our growth as a leading multi-platform media company in America.”
 
“I am thrilled to take on the role of Chief Executive Officer,” said Falco. “Univision has been at the forefront of innovation and has grown its competitive position while continuing to serve and advocate for the important U.S. Hispanic community. I’m excited to lead a company with such tremendous growth potential and look forward to continuing to work with such an exceptional leadership team.”