CNBC announced Wednesday that former Fox News presenter Shepard Smith will join the network to host a one-hour nightly news program Monday through Friday at 7 p.m. ET.
The newscast, to be called “The News with Shepard Smith,” will be released in the fall. Smith’s title will be the main presenter of general news and the main presenter of breaking news.
Smith joins CNBC after spending 23 years on the Fox News Channel, where he presented “Shepard Smith Reporting”, “The Fox Report” and “Studio B”. He also served as the network’s chief news anchor and editor-in-chief of the breaking news division.
“I am honored to continue to pursue the truth, both for loyal CNBC viewers and for those who have been following my reports for decades in good times and bad,” Smith said in a press release.
Smith abruptly left Fox News in October after establishing himself as a vocal critic of President Donald Trump, who had repeatedly attacked Smith. Before announcing his departure, Fox News CEO Suzanne Scott and Jay Wallace, president and CEO, warned him to stop criticizing late-night host Tucker Carlson. Fox denied those reports.
CNBC President Mark Hoffman said Smith has a history of fact-based storytelling.
“Our goal is to offer a nightly program that somehow searches for the signal in all the noise,” Hoffman said in the press release. “We are delighted that Shep, who has developed a career in an honest fight to find and report the facts, continues his search for truth on CNBC.”
Dan Colarusso, CNBC’s senior vice president of business news, said Smith’s program aims to go beyond financial markets, “to tell rich and profound stories across the global news landscape.” CNBC had been hosting a 7 pm show focused on Covid-19 and the economic crisis. The show ended last Thursday.
Smith will appear on CNBC at 10 am ET Thursday to discuss his upcoming show.