Smith will helm a new hour-long news cast on the NBCUniversal-owned cable channel.
He anchored a daily afternoon program and was long touted for his credentials as a non-partisan journalist amid the right-leaning hosts that draw the largest audiences at the network.
Smith's frustration over the commentary led to a request to be released from his contract in October. He was said to be especially dismayed over remarks by prime time hostSmith is the first major talent hire at CNBC in recent memory, as the channel has long depended on developing its own personalities.
There have been conversations within the NBCUniversal News Group about programming CNBC live topical talk shows on CNBC in the evening that would be an alternative to the to progressive views on MSNBC and the right-leaning hosts on Fox News. "Shep’s newscast will tap into his extensive experience and deep passion for breaking news, in-depth storytelling and incisive interviews and serve as the perfect bridge between CNBC’s daytime investor-focused news programming and the network’s aspirational business-oriented entertainment programs in primetime,” Hoffman said in a statement.
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