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Revision as of 05:38, 11 February 2010
Randy Falco was Chairman of the Board and CEO of AOL LLC from November 2006 to March 2009. Prior to joining AOL, he served 30 years with NBC. Falco sits on the board of directors of Ronald McDonald House.
Falco was replaced with Tim Armstrong as of March 2009.[1]
Biography
Early life
Falco attended Iona College (New York), where he received his bachelor's of business administration in finance in 1975 and his master's of business administration, also in finance, in 1979. He received an honorary doctorate from Iona College in 2001.
NBC career
Falco began his career at NBC in September 1975, having recently finished his undergraduate studies. He held several managerial positions in finance, technical operations, and corporate strategic planning. From 1986 until 1991, he served as Vice President of Finance and Administration, NBC Sports.
In 1993, Falco was named President of NBC's Broadcast and Network Operations division. He oversaw the facilities and operations of the NBC Television Network worldwide. Falco was responsible for overseeing the design and creation of the Today Show's "Window on the World" studio, MSNBC's state-of-the-art broadcast facilities in Secaucus, N.J., and the digital conversion of the NBC Television Network.
Falco also served as President of the NBC Universal Television Network Group beginning in 2004 and as Group President of the NBC Television Network, a position to which he was named in 1998. Before that, he had been President of the NBC Television Network, beginning in 1998. Falco has also served as Chief Operating Officer, Olympics, for the 2002 Winter Olympic Games in Salt Lake City, the 2000 Summer Olympic Games in Sydney, Australia, the 1996 Summer Olympics in Atlanta, and the 1992 Summer Olympics in Barcelona. He has won six Emmy Awards for these broadcasts.
Named president and chief operating officer of the NBC Universal Television Group in December 2005, 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. He also served as a GE officer.
AOL
From November 2006 to March 2009, Falco joined AOL as Chairman and Chief Executive Officer of AOL LLC. He was responsible for setting strategy and overseeing the businesses and operations.
Personal life
Randy and his wife Susan have three children.