Rashida Jones, the president of MSNBC, announced Tuesday she is resigning after four years leading the struggling cable news network.
Jones was the first Black woman to lead a major U.S. television news network. She will be replaced by Rebecca Kutler, MSNBC's senior vice president of content strategy on an interim basis, the network said.
"I came to this decision over the holidays while reflecting on our remarkable journey and the many successes we've achieved together as a team. This has been the most rewarding chapter of my professional career and I am immensely proud of what we have accomplished, which has been made possible only by you," Jones said in a memo.
Jones' resignation comes two months after Comcast, MSNBC's parent company, announced it was spinning off its cable network into a separate company.
MSNBC's ratings have cratered since the election. The left-leaning channel saw its ratings fall 46% in the month after Election Day, the LA Times reported, citing Nielsen data.
Jones' departure is not tied to the ratings drop and that it was her decision, a source told the Washington Post.
MSNBC's biggest stars such as Rachel Maddow, Joy Reid and Stephanie Ruhle, have been asked to take pay cuts, according to the LA Times, with Maddow's annual salary being cut by $5 million.
In an attempt to shore up ratings, the network announced Maddow will be returning to her show five nights a week for the first 100 days of President-elect Donald Trump's administration. After April, Maddow will go back to hosting the show only on Mondays.
Sam Barron ✉
Sam Barron has almost two decades of experience covering a wide range of topics including politics, crime and business.
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