Meruelo Media Pres./CEO Otto Padron Resigns
Padron shared his news in a staff memo that reads, in part, “It is with a heart full of mixed emotions, I share my decision to turn the page and step down as President and CEO of Meruelo Media at the end of this month. I will pass the company torch to Tomas, whom I am confident will continue to light the way with the same bright intensity and passion he has always displayed.”
The note continues, “Almost 14 years ago, we set out to make our organization the premier minority-owned media company in the US. I’m proud to have dedicated my name, soul, skill, and reputation to turn that vision into reality. Through hard work, trust, and accountability, we grew every aspect of our organization, reshaping our beloved village, pivoting purposefully, and creating a long-term strategic plan for success. Our well-crafted path, executed with precision in one of the most competitive media markets in the U.S., transformed our single-station operation into a dynamic cluster of iconic TV and Radio brands.
In closing, Padron added, “My next chapter brings with it excitement and new challenges. As many of you know, I’ve been working on launching a Media Strategies company called ACTIFY. This new venture will allow me to stay connected with many of you while exploring innovative projects in the media space I’m so passionate about. I want to extend my heartfelt thanks to our incredible team and talented on-air crews for making our company feel like a home. My sincere gratitude to Alex and Luis for their unwavering support as I step into this new phase of my career.”