With the management structure at Fox Business Network reportedly under review, a top executive at the cable channel is exiting his position. TVNewser reports that Kevin Magee, the executive vice president of the network, is stepping down.
Magee has served as EVP of the business network since it debuted seven years ago, and has also served as EVP of Fox News Radio since 2005.
“It’s impossible to overstate how wonderful my stay here has been in every possible way, but mostly because I got to work with the most professional, hardest-working and smartest group of people in the business,” Magee wrote in a memo.
TVNewser notes, “The management structure of Fox Business is under review, we hear, and an announcement on the new team will be made in the coming weeks.”
Magee joined Fox News Channel in 2001, shifting from CNBC.