After an 8-year run, Randy Falco is retiring as CEO of Univision. He’ll stay with the company as an advisor until the end of 2018 so the company can make a smooth transition to its new leadership. Vincent Sadusky, former Chief Executive Officer of Media General, has been hired to succeed Falco. Sadusky will take over this Friday.
The 53-year-old Sadusky most recently served as CEO of Media General from 2014 to 2017. Prior to Media General, Sadusky was CEO Chief Executive Officer for LIN Media where he played a critical role overseeing LIN Media’s merger with Media General. Earlier in his career, Sadusky held several executive positions at Telemundo, including Chief Financial Officer and Treasurer.
Regarding his retirement, Randy Falco said leading UCI has been one of the most personally and professionally rewarding experiences of his life. “So much has changed – and will continue to change – in the media landscape, but through it all one thing remains true: no other media company serves and supports Hispanic America like UCI, something that is more important than ever in our world today. I believe wholeheartedly in UCI’s mission and vision and am confident that the company will remain on a path for continued success with Vince leading the way.”
Sadusky commented, “It’s an honor and privilege to have the opportunity to serve as CEO of UCI, a company I have long admired for its important mission to serve as a lifeline and advocate for its community, and the strong bonds it has built with its audience. I am eager to work with UCI’s talented team to enhance the company’s leadership position and underscore its crucial role as a source of news and information. Over the last few months, UCI has taken a number of steps to evolve and thrive in today’s rapidly changing media environment, and I am committed to ensuring the company is in the best position possible to serve its audiences for decades to come.”
