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Management shakeup continues at Univision

March 29, 2011 |  2:38 pm

A week after being promoted to a high-profile position within the nation's largest Spanish-language media company, longtime sales executive Peter Lazarus has stepped down.

A Univision spokeswoman on Tuesday confirmed that Lazarus was "no longer with the company."  The company provided no other details.

Lazarus was named the company's executive vice president for sales strategy for new networks on March 22.  He joined Univision three years ago, coming from IMG Sports and Entertainment, where he served as senior vice president for sales and business development.  Before that, Lazarus spent nearly a decade at NBC Universal, where he worked in several sales and marketing posts and oversaw advertising sales for NBC's coverage of the 2004 and 2006 Olympics. At that time, Lazarus worked with Univision's chief operating officer Randy Falco, who was then in charge of revenue operations at NBC Universal.

This is not the first high-profile departure this month for the New York-based Univision. Two weeks ago, Univision Chief Executive Joe Uva learned the company was not renewing his contract after four years running Univision.  Since then, Univision Chairman Haim Saban has taken on a more hands-on role managing the company's affairs, along with Falco. 

The Univision board has said it plans to conduct a formal search for a new chief executive.

-- Meg James