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Thomas-Graham was earlier CNBC president and CEO and her appointment
is effective immediately. In her new position, Thomas-Graham will
be reporting to Wright and will be responsible for strategic planning
for CNBC and for identifying major growth opportunities for the
brand, including potential brand extensions. The appointment was
made in recognition of the global scale, profitability and prominence
of CNBC as the world leader in business news and its continued growth
potential.
Hoffman, who was earlier NBC Universal-owned WVIT president and
general manager, will hold the position of CNBC president and will
report to both Zucker and Thomas-Graham.
"Pamela has driven profitable growth for CNBC in a very challenging
economic environment. I have been impressed by her intellect and
leadership capabilities and look forward to working with her on
a number of important new strategic opportunities. During her tenure,
CNBC built impressively upon its global prominence as the most important
and profitable worldwide business news television brand. I welcome
her in her new role as chairman," Wright said.
"We have achieved a number of successes during my tenure as
president," said Thomas-Graham. "I look forward to being
able to now focus on CNBC's strategic planning challenges to generate
continued growth for the company."
Thomas-Graham was appointed CNBC president and CEO in July 2001.
Previously, she was CNBC.com's president and CEO. She joined NBC
in 1999 from McKinsey & Company, where she was a partner.
As CNBC president, Hoffman will undertake day-to-day responsibility
for the network's operations, programming and technology. The appointment
represents a homecoming for Hoffman, who served at CNBC as executive
producer (1997-98), vice president/ managing editor (1999-2000)
and vice president/ managing editor, business development (2001).
In addition, Hoffman served as interim president of London-based
CNBC Europe from September 2000 through January 2001.
"I am thrilled to be rejoining CNBC and teaming up with some
of the brightest and most creative television professionals in the
industry. I couldn't be more optimistic about the future of CNBC,"
Hoffman said.
Hoffman began his career in 1981 as a news associate at KNX Radio
in Los Angeles. He moved to television a year later as a producer
at KMGH-TV, the CBS affiliate in Denver. He ascended the ranks as
a producer at WNEV-TV in Boston; executive producer and then managing
editor at WLS-TV in Chicago; assistant news director at WABC-TV
in New York; and news director at WAGA-TV in Atlanta and WBBM-TV
in Chicago. In March 1993 Hoffman joined the NBC family as vice
president, news at KNBC-TV in Los Angeles. He later served as vice
president/general manager of KDNL-TV in St. Louis and executive
producer/development at Warner Brothers/Telepictures before joining
CNBC as executive producer in July 1997.
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