NBCUniversal mentioned Tuesday that the long-serving chairman of CNBC would get replaced through a senior promoting government on the corporate, because the chief of NBCUniversal’s information team continues to position his stamp at the department.
Mark Hoffman, who has been the highest government at CNBC for 17 years, will probably be changed through KC Sullivan, the president and managing director of NBCUniversal’s international promoting and partnerships trade. Mr. Hoffman, who’s CNBC’s chairman, will serve in that position till Sept. 12, and then he’ll turn into a expert to assist organize the transition.
Mr. Hoffman’s departure represents a converting of the guard for CNBC, the monetary information community based in 1989 through the previous NBC president Bob Wright and longtime TV government Tom Rogers.
Mr. Hoffman, who used to be named president of CNBC in 2005, lengthy reported to Steve Burke, the executive government of NBCUniversal. That modified lately. After Cesar Conde used to be named chairman of NBCUniversal’s information team in May 2020, Mr. Hoffman started reporting to him.
In a remark, Mr. Conde credited Mr. Hoffman for growing CNBC’s trade over a just about three-decade occupation and rising the community’s trade within the United States and out of the country. Mr. Conde mentioned that Mr. Sullivan used to be “the right person at the right time” to guide CNBC, mentioning his enjoy forging partnerships with Sky Media in Britain, Italy and Germany.
Mr. Sullivan has spent greater than a decade on the corporate, and prior to now served as president and managing director of CNBC International and leader monetary officer of NBC’s information team.
Since he took over in 2020, Mr. Conde has introduced a spate of appointments on the corporate’s information homes, which come with MSNBC, NBC News and CNBC. Mr. Conde changed Phil Griffin with Rashida Jones as MSNBC president; employed Stephen Labaton, former Booz Allen Hamilton government, as government vice chairman of communications; and picked Chris Berend to be government vice chairman and head of virtual.