CNBC Chairman Mark Hoffman to Step Down After 17 Years Leading Business News Channel
thewrap.comCNBC Chairman Mark Hoffman is stepping down after 17 years at the business news channel. His last day will be Sept. 12.“CNBC stands for something.
It impacts the business world, investors, and individuals struggling to make sense of their money. You’ve made a difference,” he wrote in a memo to staff on Tuesday, which was obtained by TheWrap. “How do you measure a business success beyond the financials and KPIs?
I’d start by assessing the quality of the team, the enduring strength of the brand, and the prospects for growth. At CNBC, we’re three-for-three.”He continued, “I’m humbled and grateful to have had this time with all of you and so proud of what we have done together.
No matter where life takes me, professionally and personally, I’ll be rooting for CNBC!”KC Sullivan is returning to the network to replace Hoffman.
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