The former AOL and NBC executive will oversee all of the Hispanic media company’s revenue-driving functions including its TV and radio station groups.
Univision Communications Inc. today announced that Randy Falco, former chairman-CEO of AOL and president-COO of NBC Universal Television Group, has joined the Hispanic media company as executive vice president and chief operating officer, effective immediately. Falco will oversee all revenue-driving functions for the company, including advertising sales, distribution sales and affiliate relations, as well as the operations of Univision’s television and radio station groups, corporate marketing, research and corporate business development. Falco will be based in New York and report to Joe Uva, Univision president-CEO.
Uva said, “We are thrilled to have attracted such a proven, highly skilled and well-respected senior executive as Randy Falco to Univision. Randy brings more than 30 years of experience across traditional and digital media that will help us build on the significant existing and untapped opportunities for revenue growth across our organization. As the industry continues to evolve, 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.
Falco joins an executive leadership team that includes Cesar Conde, president of Univision Networks, Kevin Conroy, president of Univision Interactive Media, Andrew Hobson, SVP-CFO and C. Douglas Kranwinkle, EVP-general counsel, all of whom will continue to report directly to Uva.
Previously Falco was chairman-CEO officer of AOL Inc., where he was responsible for all business and strategic operations of the $2 billion global web services provider. Prior to AOL, Falco spent more than 30 years in varying roles at NBC Universal, culminating with his role as president-COO of NBC Universal Television Group. In addition, he was also responsible for Telemundo.
Prior to that, Falco held numerous positions throughout NBC Universal, including group president of NBC Television Network from 1998 to 2004 and president of broadcast and network operations from 1993 to 1998. Falco was also chief operating officer of NBC Universal’s Olympics operations in Salt Lake City in 2002, Sydney in 2000, Atlanta in 1996, and Barcelona in 1992.