Neil Cavuto Signs Contract Extension With Fox

By Chris Ariens 

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A day before he moderates the next GOP debate, Neil Cavuto has signed a new multi-year deal where he will continue as Senior Vice President, Anchor and Managing Editor of Business News for both Fox News Channel and Fox Business Network, announced Roger Ailes, Chairman and CEO of FOX News.

“Neil is a world class financial journalist and a tremendous leader,” said Ailes in a statement. “Serving as both an anchor and executive, he’s played an integral part in the success Fox News and Fox Business. I’m pleased he’s agreed to continue in this pivotal role for both networks.”

“It’s hard to believe it’s been nearly 20 years since I joined Roger Ailes from CNBC on this seemingly suicide television mission called Fox News,” Cavuto said. “But I will never forget his drive and his patience, with our mission and with me! He would often remind us all that you never get a second chance to make a good first impression, so make it count. Whether starting Fox News or later Fox Business or doing a debate, he stressed that if you connect with viewers out the gate, pretty soon they’ll be storming that gate to connect with you.”

Cavuto96As one of Ailes’ first hires, Cavuto helped launch Fox News in 1996 and Fox Business in 2007.

Cavuto co-moderated FBN’s inaugural Republican presidential primary debate in November and will be back for its second debate tomorrow night.

Cavuto was also part of the team that launched CNBC in 1989 where he anchored and hosted more than three hours of live daily programming. Previously, Cavuto was the New York Bureau Chief for the Nightly Business Report on PBS and Washington Bureau Chief for Investment Age Magazine.