Categories: OLD Media Moves

Is CNBC experiencing a brain drain?

Claire Atkinson of the New York Post writes about the anchors and staffers who have left CNBC recently and notes that David Faber might be the next to go.

Atkinson writes, “Some former staffers are dubbing the changes a “brain drain” and speculating that CNBC’s grizzled M&A reporter, David Faber, might be ready for a new challenge.

“Francis is jumping to Fox Business while Regan will start her gig with Bloomberg TV’s ‘Street Smarts,’ starts in January. Joining Regan at Bloomberg will be Jason Farkas as senior producer, it was announced Friday.

“CNBC doesn’t deny it has spent much of 2011 bringing in fresh legs. This year the network hired Seema Mody, Kayla Tausche, Andrew Ross Sorkin, Brian Sullivan and gave Gary Kaminsky, a permanent contract this year.

“Aussie import Amanda Drury, who moved from the Asian bureau in May 2010, remains in the mix with her midday market show.

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.