El Economista reports that although his term was soon due to expire, he has decided to accelerate his departure before a successor is found.
It adds that what is effectively his resignation comes as Spain’s new socialist (PSOE) government has taken the reins of power.
Yet despite this, other leading RTVE executives, also appointed by the previous Popular Party (PP) government, will remain in post for the next few months.
Sánchez, who will remain an advisor to RTVE, oversaw an upturn in the broadcaster’s finances, going from a loss of €135 million in 2014 to two consecutive years of profits after increasing its income by €100 million.
RTVE will now have to decide on whether to have an interim president or a rotating presidency. The latter was used in 2011/12, when it was without a president for a year.