CNBC Chairman Mark Hoffman to Exit in September

Mark Hoffman, the TV leader who has driven the business news channel CNBC starting around 2005, will step down from the organization in September, he told workers in a notice Tuesday morning.

KC Sullivan, who recently drove CNBC's worldwide organizations and most as of late filled in as a senior global d deals leader for the organization, will succeed Hoffman as CNBC's leader.

Throughout recent years as President and afterward Chairman, Mark has managed the consistent proceeded with development of CNBC as the world's #1 business and cash news brand," Conde wrote in his own reminder to staff Tuesday.

The TV news business is an unpredictable one, going through tremendous change as the bigger diversion business gradually moves to streaming. That instability stretches out to senior chiefs,

Conde assumed control over NBCUniversal's news divisions in 2020, and tapped Rashida Jones to lead MSNBC. Chris Licht took over CNN only a couple of months prior, while CBS News and ABC News saw new initiative delegated inside the most recent 2 years.

With that specific circumstance, Hoffman's long term run at CNBC is striking. At the point when Hoffman withdraws, the longest-serving U.S. Television news bosses will be NBC News president Noah Oppenheim, who has driven the division starting around 2017,