President and CEO, Univision Communications Inc.
Focus Areas: Leadership; Media Landscape; Future of Media; Innovation; Executive Management and C-level Opportunities
Previous Speaking Engagements: Media Post Outfront, Guggenheim Securities 2011 Media Symposium
Randy Falco is president and chief executive officer of Univision Communications Inc., the leading media company serving Hispanic America. Under his leadership, Univision has taken steps in its ongoing evolution from what was once a niche broadcast network to the general media multimedia powerhouse of today. Since Mr. Falco’s arrival, Univision has quickly expanded, adding three new cable networks and digital offerings, while driving increased revenue and growth across its existing broadcast and cable networks, local television group and radio stations.
The Company’s top three networks – Univision, UniMás and Galavisión – together have 73 percent share among the Adult 18-49 Spanish-language TV audience in primetime and in recent years the Univision Network has firmly established itself as one of the highest rated networks, frequently outperforming ABC, NBC, CBS and FOX.
Univision’s recent expansion includes new networks focused on sports, telenovelas and news; a joint venture with ABC News to launch an English-language cable network; and the launch of UVideos, the first bilingual digital video network with fully integrated social sharing features. In addition, Mr. Falco led the Company’s 50th anniversary celebration by unveiling its new brand logo and tagline, identifying Univision as “the Hispanic Heartbeat of America.” To seize the opportunities facing Univision, Mr. Falco has recruited an impressive lineup of executive talent from across the media landscape.
Prior to joining Univision in January 2011, Mr. Falco served as chairman and chief executive officer of AOL, Inc. from 2006 to 2009. In this role, he was responsible for setting strategy and overseeing operations as the company transitioned to an advertising-based business model. Before joining AOL, Mr. Falco spent more than 30 years with NBC, most recently serving as president and chief operating officer of NBC Universal Television Group. Named to that position in 2005, Mr. Falco was responsible for the group’s commercial and operational functions including affiliate relations, cable distribution, business development, information technology, network and studio operations, worldwide television distribution, and Telemundo. As president and chief operating officer of NBC Universal Television Group, Mr. Falco also served as an officer of General Electric, then majority owner of NBC Universal.
Prior to that, Mr. Falco served as president of the NBC Universal Television Network Group beginning in 2004 and as group president of the NBC Television Network beginning in 1998. Mr. Falco has also served as chief operating officer, NBC Olympics, for the 2002 Winter Olympic Games in Salt Lake City; the 2000 Summer Olympic Games in Sydney; the 1996 Summer Olympics in Atlanta; and the 1992 Summer Olympics in Barcelona. He has won numerous Emmy Awards for these broadcasts. He previously served as president of NBC’s Broadcast and Network Operations division, where he oversaw the facilities and operations of the NBC Television Network worldwide. From 1986 until 1991, he served as vice president of Finance and Administration, NBC Sports. Before that, he held several managerial positions in finance, technical operations, and corporate strategic planning after joining NBC in September 1975. Mr. Falco’s contributions to NBC throughout his tenure include overseeing the design and creation of the Today show’s “Window on the World” studio, MSNBC’s original state-of-the-art broadcast facilities in Secaucus, N.J., and the digital conversion of the NBC Television Network.
Mr. Falco has received several recognitions, including the Ballet Hispanico Gala Honor 2013, MALDEF Legacy Leader Award 2012, CableFax 100 “Above it All” 2012, CableFax 100 2011 and Museum of Moving Image Honor 2012.
Mr. Falco holds an M.B.A. in finance and a bachelor’s of science degree, also in finance, from Iona College. He received an honorary doctorate from Iona College in 2001. Mr. Falco sits on the board of Ronald McDonald House and the Museum of The Moving Image.