Official announcements from Grupo Televisa SAB or major financial news outlets

Emilio Azcárraga Resigns as Televisa SAB CEO Amid US DOJ FIFA Probe

Oct 24, 2024, 11:10 PM

Emilio Azcárraga, the CEO and Executive Chairman of Grupo Televisa SAB, has resigned from his position amid a US Department of Justice investigation into the company's alleged involvement in a bribery scandal connected to FIFA's World Cup. The Televisa board has approved Azcárraga's request for a leave of absence, effective immediately. The company acknowledged being a target of the federal probe, which is part of the larger FIFA Gate corruption scandal. On August 30, the company had informed that it was aware of the investigation. Azcárraga will continue to serve as the president of Televisa.