Maria Bartiromo Leaving CNBC for Fox Business After 20 Years

Wednesday, 20 Nov 2013 06:56 AM

By Michael Mullins

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Maria Bartiromo, the veteran business news journalist who has reported and anchored for CNBC for the past 20 years, is reportedly moving to Fox Business.


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"After 20 years of groundbreaking work at CNBC, Maria Bartiromo will be leaving the company as her contract expires on November 24th," CNBC spokesman Brian Steel confirmed on Monday. "Her contributions to CNBC are too numerous to list but we thank her for all of her hard work over the years and wish her the best."

The Los Angeles Times reported that Bartiromo thanked CNBC, saying, "after twenty great years of having a front row seat to some of the most important economic stories in the world, it’s hard to sum up the gratitude and appreciation I have for the team that helped make it happen."

Despite numerous reports from Politico and the Los Angeles Times that Bartiromo is headed to Fox Business, where she will reportedly host her own show and become a presence on Fox News, the network has yet to confirm the hire.

When asked by CNN Money if Bartiromo was headed to the network, a Fox spokeswoman told its cable news competitor that the network "[does] not have anything to announce at this time."

The 46-year-old native New Yorker was the host and managing editor of CNBC show "On the Money with Maria Bartiromo," as well as anchor of CNBC's "Closing Bell" show, from which she would frequently broadcast live from the floor of the New York Stock Exchange. She was also known for her high-profile interviews of business leaders from around the world.

Among Bartiromo's many journalism accolades is a 2009 Emmy Award for Outstanding Business and Economic Reporting, a 2008 Gracie Award for Outstanding Documentary, and being the first journalist in 2011 to be inducted into the Cable Hall of Fame.

Aside from her business prowess, Bartiromo is also known for her good looks. She was nicknamed the "money honey" by famed punk rocker Joey Ramone who wrote a song about her.

"She has been at the center of every major financial and business news story, working hard for CNBC, since her earliest days fighting it out on the floor of the New York Stock Exchange in the mid-90s," CNBC President and Chief Executive Mark Hoffman said in a company memo obtained by Reuters on Monday.

Reaction to Bartiromo's departure was mixed online. Famed investor Warren Buffett expressed his disappointment with the news on Twitter.


Bartiromo's future colleagues, Fox host Geraldo Rivera and contributor Tammy Bruce, were more supportive of the move.

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