On the same day that news broke that its president is headed to a rival network, Univision Networks announced a reorganization of its management team.

Under the new arrangement, "Alberto Ciurana, president of Programming and Content; Isaac Lee, president of News; and Juan Carlos Rodriquez, president of Univision Deportes, will report directly to Randy Falco, president and chief executive officer of Univision Communications, Inc.," the company announced.

Said Falco: “Alberto, Isaac and Juan Carlos are three extraordinarily talented executives with keen insights and deep knowledge of our business, our audiences and what makes our Networks so successful. They are largely responsible for the recent success and tremendous momentum of our Network business. This new management structure provides us with an opportunity to be even more nimble going forward and I look forward to working with the entire Network team and supporting their continued success.”

Also today, NBCUniversal reported that it has hired Cesar Conde, who has been president of Univision Networks since 2009, as we are reporting separately.

Click here to see the full press release from Univision on the latest management restructuring.