“He plans to join S.A.C. Capital, the Stamford hedgefund company, as a managing director,” reported CNBC correspondent Melissa Lee today.
“Congrat to our friend Ron,” said anchor Erin Burnett. “Yes, we are biased, after all he was our co-worker.”
Although it was teased Insana would appear on Closing Bell later in the day, he did not. And we hear taking the new position means he will not make any more CNBC appearances.
- Bogus $72 Million High School Student Was Ready to go on CNBC
- Exclusive: Erin Burnett on Her Show's Success, And Her Most Surprising Supporter
- CNBC Doesn't Plan on Letting CNN, MSNBC Take Over Marijuana Programming
- TheStreet Investors Calling for Jim Cramer to Quit CNBC