CNBC announced today that Tyler Mathisen has been promoted to Managing Editor of CNBC Business News. The announcement came from David Friend, Senior Vice President, CNBC Business News and Glen Rochkind, Vice President, CNBC Business News. Quoting parts of the release…

Tyler knows CNBC inside and out and completely understands what our unique audience of business leaders and executives demand from us,” said Friend. “He is the right person to make sure that we continue to break news, land exclusive interviews and take our viewers right to where the action is.”

“The Managing Editor position is a critical role for our network and today’s announcement marks a significant step up for Tyler,” added Mark Hoffman, President, CNBC. “He brings to the position a unique combination of extraordinary journalistic instincts coupled with significant management experience and he is, without question, the right person for this important leadership role.”
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In light of today’s announcement, Mathisen will relinquish his “Closing Bell” (M-F, 3-4 p.m. ET) anchor duties effective Friday, July 29. He will, however, appear on occasion on CNBC programming.

Said Mathisen: “This is an opportunity too important and too full of potential to pass up. I am so looking forward to working with the best business news team in this new capacity to strengthen our coverage and make it even more vital to viewers.”