Shepard Smith to Exit CNBC as It Cancels His Primetime Show
Shepard Smith’s time at CNBC is over.
The former Fox News host’s show will end later this month as the network moves to more “business news and personal finance” focus, according to a memo obtained by Variety. The anchor will leave the network after a two-year stint, having joined in 2020—a year after he left Fox amid clashes with his primetime colleagues.
“We need to further invest in business news content that provides our audiences actionable understanding of the complex developments in global markets and the implications on institutions, investors and individuals,” CNBC chief KC Sullivan wrote to staffers. “During times of flux and uncertainty, our place in the lives of those we touch on-air, online and in person becomes even clearer, and more essential.”