Neil Cavuto, a longtime presence at Fox News Channel and Fox Business Network, has re-signed with the 21st Century Fox-owned operations to remain senior vice president, anchor and managing editor of business news for both outlets.
Exact terms of the anchor’s deal were not made available and could not be immediately learned.
“Neil is a world class financial journalist and a tremendous leader. Serving as both an anchor and executive, he’s played an integral part in the success Fox News and Fox Business,” said Roger Ailes, chairman and chief executive of Fox News, in a prepared statement. “I’m pleased he’s agreed to continue in this pivotal role for both networks.”
Cavuto’s career is entwined with that of the networks. He helped launch Fox News Channel in 1996, and has held forth for years on programs including “Your World With Neil Cavuto” and “Cavuto on Business.” He oversees weekend business programs on Fox News Channel, including “Bulls & Bears,” “Forbes on Fox” and “Cashin’ In.”
Cavuto was part of the team that helped launched Fox Business Network in 2007. He accepted a dual role as anchor and managing editor of business news content across both networks. His weekday program on Fox Business, “Cavuto: Coast to Coast” midday market moves and is one of the network’s highest rated programs. In November, Cavuto and Fox Business colleague Maria Bartiromo moderated the network’s first coverage of a Republican presidential primary debate.
Prior to joining Fox News, Cavuto was part of the team that launched CNBC in 1989. While there, he anchored and hosted more than three hours of live daily programming. He also served as a contributor to NBC’s “Today” and “NBC News at Sunrise.” Previously, Cavuto was the New York Bureau Chief for PBS Television’s “Nightly Business Report” and Washington Bureau Chief for Investment Age Magazine.