Randy Falco to Remain Univision President & CEO Through 2020

Univision Communications Inc. (UCI) has extended its employment agreement with President and CEO Randy Falco for an additional two years, through January 31, 2020.

Under Falco’s leadership, UCI has expanded its reach to an estimated 108 million average monthly viewers and has achieved record earnings and revenue levels, driven by successful content monetization strategies, including increased subscription fees and leveraging the company’s digital footprint.

“Randy has been the architect of UCI’s evolution since 2011, guiding the company’s tremendous expansion, steadily improving Univision’s financial performance and significantly improving the balance sheet by paying down debt,” commented Haim Saban, chairman of the board of directors of UCI. “With Randy’s vision, UCI has remained the undisputed leader in Spanish-language media and at the same time successfully diversified into English-language media to provide young, diverse Americans with the content they crave in the formats they seek. Our portfolio now includes a powerful collection of Spanish-language and English-language digital offerings that provide even more exciting opportunities for distributors, partners and our employees. But perhaps most important is Randy’s authentic and unwavering commitment to the U.S. Hispanic community, which has amplified UCI’s voice and purpose as an advocate for Hispanic America, especially during difficult times for our nation. The board is delighted that Randy will continue to lead Univision to new levels of success in the future.”