Randy Falco Extends Contract at Univision

NEW YORK: Randy Falco has signed a new contract to remain as president and CEO of Univision Communications through January 2018.

Under his leadership, Univision Communications has transformed into a multimedia company with 16 broadcast, cable and digital networks; 61 TV stations; 67 radio stations; an array of online and mobile apps and products; and content-creation facilities in Miami, New York and Los Angeles.

“Since taking the helm in 2011, Randy has successfully guided Univision through a period of exceptional growth and innovation, adeptly navigating a climate of unprecedented industry change and positioning the company for the future,” commented Haim Saban, the chairman of Univision Communications. “Under Randy’s leadership and vision, the Company has meaningfully increased earnings and accelerated its transformation from a niche broadcast network to a multimedia powerhouse, with platforms across the spectrum of traditional and new media that appeal to the diverse U.S. Hispanic audiences like no other media company can. By being nimble and opportunistic—internally and externally—and making smart investments, Randy and his team have set Univision apart from its peers, making our company an invaluable partner to marketers and distributors, providing our audiences more and better content than ever before, and creating opportunities for our talented employees. The Board is thrilled that Randy will continue to lead Univision.”