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SBS President/COO Albert Rodriguez Announces Resignation

It was rolling along as another typical quarterly earnings call, held one week after the company released its third quarter earnings results.

Then, just after the last question e-mailed to the C-Suite from a financial analyst was answered, a big surprise came from Spanish Broadcasting System‘s longtime day-to-day leader: He’s leaving.

  In the final two minutes of the 30-minute Q3 2023 earnings call, Albert Rodriguez took a moment to share with SBS’s investors, clients, and industry colleagues — as well as those at SBS  — that, “after much reflection, and consideration, I have decided to resign from my position as President and COO of Spanish Broadcasting System.”

Rodriguez continued, “It’s been an incredible journey, and I’m immensely proud of what we’ve achieved together, in particular to be beacon of the Hispanic voice in America — my dear brother Raúl Alarcón Jr., who has been like a brother to me.”

While Rodriguez is stepping down from the role, he assured those on the call that he will remain active with the company as a Senior Advisor. “In this capacity, I’ll continue to support ‘one million percent’ the company’s vision, providing guidance and strategic insights to ensure a seamless transition.”

Rodriguez concluded by saying he looked forward to continuing to collaborate with those on the earnings call and the SBS team in his new role.

SBS Chief Financial Officer José Molina formally concluded the earnings call by wishing Rodriguez the best in his new role. “You did an amazing job and will continue to do amazing things,” he said of Rodriguez.

Rodriguez has been associated with SBS since 1999, and rose from General Sales Manager for the company’s three Miami-Fort Lauderdale FMs. He then rose to a corporate-level role as Chief Revenue Officer of Mega TV and became COO in May 2012, later adding the President title in June 2021 as Alarcón stepped away from day-to-day operational duties for the station.

Courtesu of Radio TV Business Report

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