So it really is “Good-Bye Friday.”
CNBC SVP Jeremy Pink is leaving the network. Writes CNBC president Mark Hoffman in an email to staff obtained by TVNewser, “After his successful, decade-long tenure at CNBC on three continents, Jeremy Pink has decided to move on.”
Pink returned to the U.S. two years ago this month to head up CNBC’s news operations after the departure of Jonathan Wald, now EP of CNN’s “Piers Morgan Tonight.” Pink’s final day in Englewood Cliffs is today.
Pink is being replaced by former Wall Street Journal executive Nikhil Deogun who joined CNBC in February 2010. At WSJ, Deogun was deputy managing editor for financial coverage and of the Journal’s international bureaus. Deogun joined WSJ as a reporter in Atlanta in 1994.
Hoffman’s memo after the jump…
After his successful, decade-long tenure at CNBC on three continents, Jeremy Pink has decided to move on.
In London, Singapore, and here in Englewood Cliffs, Jeremy has been a committed executive who brought true content expertise and unwavering dedication to our operations and programming. Jeremy told me a number of weeks ago that he’d reached a point where he wanted to think more expansively about his career and determine where his talents and interests could have the most impact. As he contemplates what will no doubt be a wide range of new opportunities, Jeremy has agreed to consult with several companies including a New York area hedge fund manager and a major Asian media company.
While I am disappointed that Jeremy is leaving us, I wish him great success as he moves forward. Please join me on [redacted] to wish Jeremy well. His last day in the office will be today though he will likely be in and out of the office next week.
I am pleased to announce that Jeremy’s replacement comes from within CNBC. Nikhil Deogun will be promoted from managing editor for business day programming to the role of Senior Vice President and Editor in Chief Business News overseeing business day content, coverage and production.
Nik joined CNBC in February 2010 from the Wall Street Journal where he was the deputy managing editor responsible for financial coverage and directing the Journal’s international network of bureaus and correspondents. Prior to this, Nik was the editor of the Money & Investing section, where he oversaw coverage of Wall Street, banking, hedge funds, private equity, mutual funds, financial markets, investing and personal finance. Nik joined WSJ as a reporter in Atlanta in 1994 and moved to the New York bureau in June 1999 where he covered mergers and acquisitions and corporate finance for the paper’s Money & Investing section. Nik later spent three years as Media and Marketing Editor where he oversaw coverage of entertainment, publishing, advertising, consumer products, fashion, retail and other industries.
Please join me in thanking Jeremy for his considerable contributions to CNBC and congratulating Nik on his new position.