CNBC president Mark Hoffman sent out the following announcement on Friday afternoon about Larry Kudlow:
Larry and I have been talking for some time about his interest in retiring from his nightly anchor role. Larry expressed his love of the network and personal pride in what had been accomplished on his program over the years but now wanted to slow down just a bit.
Larry has been a valued member of the CNBC family for our entire 25-year history, first as a guest and then as co-host of “Kudlow & Cramer,” “The Call” and, of course, his signature program “The Kudlow Report.” The Kudlow credo—”free-market capitalism is the best path to prosperity”—is deeply ingrained in viewers’ minds, as it should be. In my career, I have encountered few television hosts with Larry’s range. He can speak with authority on monetary policy and presidential politics, foreign affairs and social issues. As an interviewer, he is unfailingly polite and energetic, skillfully grilling guests but always ending a segment graciously. Larry has always brought great enthusiasm to every program and appearance.
“The Kudlow Report” will conclude its run at the end of the quarter, but I’m pleased to let you know that Larry isn’t going anywhere. He will become a senior contributor to CNBC, a regular presence on all of our Business Day programs, offering his insightful commentary on economic and political coverage.
Please join me in thanking Larry for his commitment and contributions to CNBC to date and congratulating him on his continuing relationship with us. Stay tuned for a celebration in Larry’s honor coming soon.
