Maria Bartiromo, the most famous anchor on CNBC, is leaving the network for arch-rival Fox Business.
“Her contributions to CNBC are too numerous to list but we thank her for all of her hard work over the years and wish her the best," a spokesperson said in a statement.
The move is a major coup for Fox Business, which has been a perennial runner-up in the business television market. Bartiromo's defection leaves CNBC without its leading anchor.
Drudge wrote that Bartiromo will anchor a daily market hours program on Fox Business, much as she did for CNBC.