Since last spring, there's been a lot of speculation in the press about my tenure here. I've made a decision and I wanted you to hear about what's happening from me.

Reflecting on all of this, I've concluded that it's time to move on to a new challenge.

[When he thought about his future,] I wondered if I would find the next few years as personally fulfilling as the first four I have spent as the president of NBC News, ... I also found myself missing the opportunity for the kind of creativity I've had in previous jobs.

I also found myself missing the opportunity for the kind of creativity that I've had in previous jobs.

NBC Nightly News.

It seems fitting to be spending my final days at work on one of the biggest stories of the year, ... I am confident I leave behind an extremely capable . . . experienced team.

It's important to me that my departure not be used in anyway to diminish the accomplishments of this news division.