First on TVNewser: TVNewser has obtained an internal memo from CNBC president Mark Hoffman to staff, announcing that SVP Jonathan Wald is leaving the network:
After months of conversations, I’m disappointed to let you know that Jonathan will leave CNBC at the end of March.
Jonathan has made substantial contributions to the network over the last three years and been an important part of the successes we’ve seen over that time. Unfortunately, we could not come to terms on a new agreement and have made the decision together that the best solution is to part company at this time.
Jonathan will continue in his position until the end of the quarter and will work closely with me and the management team on the transition in business news and will let you all know his plans when he can.
We’re working hard to fill the position and I’ll share more details in the coming weeks.
There is plenty of time to plan the appropriate send off, but I know you all join me in wishing Jonathan well in whatever he does next.
Wald has been with NBC News since 1983, when he joined as a desk assistant. He rose through the ranks becoming Executive Producer of NBC Nightly News and, later, the Today show. Wald joined CNBC in 2004.