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CNBC Chairman Mark Hoffman to step down


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CNBC’s long-time government and Chairman Mark Hoffman is stepping down in September, the enterprise information channel mentioned on Tuesday.

Hoffman grew to become CNBC’s president in 2005 and has overseen its international growth, digital and TV development. He took over as chairman in 2015.

CNBC is certainly one of Comcast-owned NBCUniversal’s (NBCU) most persistently rising belongings, in accordance to the corporate. NBCU employed Cesar Conde in 2020 to oversee NBC News, MSNBC and CNBC and to assist lead a quick rising on-line presence. (https://cnb.cx/3pkLKnB)

KC Sullivan will exchange Hoffman as its new president and start on September 12, reporting to Conde.

Sullivan was CNBC’s finance chief earlier than transferring on to turning into president at NBCU’s international promoting partnerships, primarily based in London.

(Reporting by Eva Mathews in Bengaluru; Editing by Krishna Chandra Eluri)

Source: financialpost.com

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