Wallau began his career with ABC in 1976, when he joined the network's Sports division under Roone Arledge, then head of ABC Sports. Wallau went on to become a two-time Emmy Award-winning producer and director of ABC's sports coverage. He worked primarily on ABC's boxing coverage with announcer Howard Cosell. In 1986, after Cosell's retirement, Wallau became ABC's boxing analyst. He was honored by the Boxing Writers Association of America as the top television boxing journalist in his first year.
Wallau moved into management in 1993 and was named President of ABC in 2000, with oversight of 11 divisions, including Entertainment, News, Sports, Finance & Sales.
He has served on the Board of Directors of ESPN, the Ad Council and the Paley Center for Media. In 2006, Wallau was honored by UCLA's Jonsson Comprehensive Cancer Center with their Humanitarian Award. Wallau is a cancer survivor.
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