Dennis Kneale is likely to leave CNBC after his current contract ends in the next several weeks, ending his "turbulent but entertaining tenure" at the cable-news network, reports Jeff Bercovici at AOL’s DailyFinance.com.
"CNBC has made it clear it’s unwilling to re-up him at anything close to his current salary, believed to be around $500,000 a year," Bercovici writes. Kneale, who joined the network from Forbes magazine in 2007, hosted his own primetime show, which was canceled last September. He co-hosted "Power Lunch" next, but that ended in June, the story says.
"His splashiest moments in the past three years have generally come at his own expense — for instance, when he ranted about the "dickweed" bloggers who make fun of him, and when he drew jeers from fellow journalists for suggesting they ought to protect the powerful people they cover in order to ensure continued access," Bercovici writes.