It’s official. CNBC’s on-air editor, Charles “Who you callin’ a poison gasbag?” Gasparino, is defecting to Fox Business.
Here’s the statement:
FOX Business Network (FBN) has signed a multi-year deal with CNBC’s Charlie Gasparino, announced Kevin Magee, Executive Vice President for the network. Gasparino will serve as a senior correspondent, appearing across all programming to provide market updates and breaking news reports. He will make his debut on the network on Monday, February 22nd.
In making the announcement Magee said, “We are tremendously excited to have Charlie join the FOX Business family. His breaking news reports during the most recent economic crisis have proved invaluable and we look forward to adding his in-depth reporting to the network.”
While at CNBC, Gasparino served as the on-air editor was responsible for breaking some of the biggest stories affecting the financial markets during the recent recession. Before joining CNBC, he was a senior writer at Newsweek magazine where he broke major stories involving Wall Street and corporate America.
Prior to Newsweek, Gasparino served as a writer for the Wall Street Journal where he was nominated for the Pulitzer Prize in beat reporting in 2002 and won the New York Press Club award for best continuing coverage of the Wall Street research scandal. In 2003, he was nominated as part of a team of reporters for the paper’s coverage of the New York Stock Exchange and the resignation of its former chairman Richard Grasso.
A recipient of numerous business journalism awards, Gasparino is also the author of the bestselling financial books including, “The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System” and “Blood on the Street,” as well as critically acclaimed “King of the Club: Richard Grasso and the Survival of the New York Stock Exchange.” He has also served as a contributor to the Daily Beast, New York magazine, Forbes among other publications.
What does this mean for CNBC? And what channel is Fox Business on again?
Related links:
Battle of the financial pundits – FT Alphaville
Quotes du jour, Gasparino pugnacity edition – FT Alphaville