Univision President and CEO Joe Uva will leave the company when his contract expires on April 2, the company announced in a statement today. Uva has been in the post for four years and decided not to renew his agreement, the statement says. The company will begin seeking a new CEO immediately, and in the interim, executive chairman Haim Saban will assume additional duties.
"On behalf of the Univision Board of Directors, we would like to commend Joe for his tremendous contributions over the past four years," Saban said in a statement. "Univision is a better company today due to Joe's efforts in building a strong leadership team and positioning Univision for long-term success. Univision's business is strong, and the entire management team remains focused on delivering value to its customers and stakeholders. We wish Joe the best in his future endeavors."
Uva's departure is the latest in a series of changes within Univision Communications. In the Fall of 2009, the company's longtime president and COO, Ray Rodriguez, retired after nearly 20 years with the company. At the time, Uva, already CEO, took on the role of president and César Conde was appointed president of Univision Networks.
Within the Networks division, longtime talk-show host Cristina Saralegui left in November. And the following month, Isaac Lee was brought in as president of News and Sandy Brown as president of Sports.