EXCLUSIVE: CNBC International President John Casey is leaving the business news network after nearly 29 years, according to an internal memo.
Casey broke the news to employees Thursday morning, revealing that he will be leaving CNBC's London headquarters on Nov. 7.
“The time has finally come for me to move on to my next chapter,” he said in an email. “I knew from day one at EBN (the predecessor of this company) that live business news was the place for me, and the amazing people I had the honor to learn from and work with reinforced that realization for me. .”
A spokesperson for CNBC International confirmed the exit today. “John Casey informed the company today that he has decided to leave CNBC after 29 years to move on to his next chapter,” they said in a statement released to Deadline. “John has had many contributions and successes at CNBC that have helped us become a world leader in business news.”
We understand that CNBC Senior Vice President Keith Cocozza will be based in London once the succession plan is in place. He will work alongside KC President Sullivan and a team of senior managers to lead the international organization in the interim. London-based CNBC International Vice President of Events and Programming Nick Wrenn and Singapore-based Vice President of News and Partnerships Rosie Vaswani will coordinate editorial operations through CNBC Senior Vice President, Business News for Television Dan Colarusso and Senior Vice President and Executive Editor for CNBC Digital Jay Yarow for digital.
Casey joined CNBC nearly three decades ago and held several leadership positions, culminating in his promotion in 2020 to CEO and President of CNBC International. He is credited with overseeing the news network's editorial product outside the US and building its operations and audience across television, digital, social, audio and live events. He also oversaw a network of local CNBC affiliates around the world.
The news comes six months after the departure of CNBC anchor and senior international correspondent Hadley Gamble, whose complaints about former NBCUniversal boss Jeff Shell led to his departure. Other key departures this year include Senior White House Correspondent Kayla Tauschewho later joined CNN.
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