The chairman of CBS News has stepped down from his post, and another executive is set to take the reins of the organization. TheWrap.com reports that Jeff Fager circulated a memo announcing that he is resigning as chairman of CBS News and will focus full time on his role as executive producer of “60 Minutes.”

CBS News President David Rhodes will take over running the news division, the piece reports, noting that he will retain the title of president and will not be named chairman.

Fager, who has been executive producer of “60 Minutes” for 10 years, said in his memo: “Today I am announcing that I will be stepping down as Chairman of CBS News and returning my full attention to ’60 Minutes’ effective at the beginning of the new year.” He added that he and CBS President Leslie Moonves “agreed that when the time was right I would be able to return to ’60 Minutes’ full time.”

The report adds: “Fager became the first chairman of CBS News in 2011; he simultaneously kept his role as executive producer of ’60 Minutes.’ During his tenure, he oversaw the re-launch of ‘CBS This Morning’ as a harder news program with hosts Charlie Rose and Gayle King (Norah O’Donnell later joined).”

David Rhodes