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ABC News Names Replacement for Chris Cuomo as '20/20' Co-Anchor Deadline

Soon after the news circulated this morning that Chris Cuomo would be moving from ABC to CNN, ABC News President Ben Sherwood announced that David Muir will co-anchor "20/20" with Elizabeth Vargas, taking over Cuomo's chair, reports Deadline.com.

Muir is currently the weekend host of the network's "World News," and Diane Sawyer's substitute in her absences during the week.

In a memo, Sherwood touted Muir's work with the network, saying, “For the last two years David has appeared on air more often than any correspondent at any news division, reporting from Tahrir Square to Fukushima to Tucson to Aurora.”

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David Muir