Elizabeth Balboa of Benzinga talked to CNBC international correspondent and “Power Lunch” co-anchor Michelle Caruso-Cabrera about how the network has changed in the past 20 years.
Balboa writes, “But if you can believe it, the CNBC life used to be a lot more challenging. When she joined the network in 1998, the staff was smaller and journalists were burdened with five or six sectors to cover.
“‘Now it’s joyous,’ she said. ‘We have one person who covers retail — what a privilege to be able to spend your time just deep diving in one sector.’
“Over the last 20 years, the CNBC climate has also changed in other ways favoring Caruso-Cabrera by growing more diverse in both coverage and personnel.
“‘Every single show has a female anchor now, and that was not true when I started,’ Caruso-Cabrera said. ‘There were four, five, six, seven — at least seven hours where there were no female anchors in a 12- to 13-hour day part, so the changes in the face of CNBC are tremendous since then.'”
Read more here.
