Univision Gives Randy Falco Two-Year Extension

Falco

UNIVISION COMMUNICATIONS INC. has given Pres./CEO RANDY FALCO a two-year contract extension.  The deal keeps FALCO on board through JANUARY 31, 2020.

Board Chairman HAIM SABAN said, "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.  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.”

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