Univision Communications Inc. announced that Randy Falco, executive vice president and COO, has been appointed president and CEO, effective immediately. Additionally, Falco will become a member of the Univision Board of Directors and will continue to be based in New York. This appointment follows a comprehensive search process. Haim Saban, executive chairman of the Univision Board of Directors, stated, The Board unanimously agreed that Randys track record and expertise make him the ideal executive to lead Univisions future growth.