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Tag: Mark Hoffman

  • CNBC US to launch a daily global business show

    CNBC US to launch a daily global business show

    MUMBAI: US business and financial channel CNBC will launch what it calls a truly worldwide daily business news programme, with anchors in New York, London and Singapore. The two-hour live programme is scheduled to launch on 19 December 2005.

    The broadcast will focus on global investment issues, analyzing the trends and economic indicators that are influencing those who are investing across international markets. The programme will look at the close of the trading day from Asia, the middle of the trading day in Europe and the pre-market action in the U.S.

    The premiere of the worldwide programme coincides with CNBC assuming full control in both CNBC Europe and CNBC Asia. From January 2006, CNBC will assume full control of CNBC Europe, CNBC Asia and CNBC World, per the agreement with Dow Jones. The companies announced in July 2005 that Dow Jones will transfer its 50 per cent equity interests in CNBC Europe and CNBC Asia as well as its 25 per cent interest in the domestic digital service, CNBC World.

    Utilising the resources of CNBC, CNBC Europe and CNBC Asia, the telecast will be anchored by Michelle Caruso Cabrera in New York, Ross Westgate in London and Christine Tan in Singapore.The programme is under the direction of Jeremy Pink, who was named CNBC VP, international news and programming in September 2005.

    CNBC US president Mark Hoffman says, “This broadcast is the first full integration of CNBC’s worldwide roster of anchors, correspondents and producers. As business increasingly is conducted on a worldwide basis, it is essential for our audience to have the most complete and relevant coverage. Only CNBC has the resources to meet such a challenge.”

    CNBC says that it believes in the continued increasing competitive environment, businesses need to find global solutions and take an international perspective. The CNBC worldwide telecast will deliver in-depth analysis of worldwide trends that are influencing those who are investing across international markets. The program will feature live reports from financial centers around the world, including Shanghai, Mumbai, Frankfurt, Paris, Brussels, Dubai, among others.

    “This will be an exciting and informative programme. CEOs and other newsmakers will be able to speak to an audience, live, on a global basis, fielding questions from CNBC reporters from around the world,” adds Hoffman.

  • CNBC elevates CEO to chairman, names new president

    CNBC elevates CEO to chairman, names new president

    MUMBAI: In two related executive announcements, CNBC has promted Pamela Thomas-Graham as the chairman of business news channel CNBC and Mark Hoffman has been named as the new president.

    The announcements were made yesterday in New York by General Electric (NBC’s parent company) vice chairman and NBC Universal chairman and CEO Bob Wright along with NBC Universal Television Group president Jeff Zucker.

    Thomas-Graham was earlier CNBC president and CEO and her appointment is effective immediately. In her new position, Thomas-Graham will be reporting to Wright and will be responsible for strategic planning for CNBC and for identifying major growth opportunities for the brand, including potential brand extensions. The appointment was made in recognition of the global scale, profitability and prominence of CNBC as the world leader in business news and its continued growth potential.

    Hoffman, who was earlier NBC Universal-owned WVIT president and general manager, will hold the position of CNBC president and will report to both Zucker and Thomas-Graham.

    “Pamela has driven profitable growth for CNBC in a very challenging economic environment. I have been impressed by her intellect and leadership capabilities and look forward to working with her on a number of important new strategic opportunities. During her tenure, CNBC built impressively upon its global prominence as the most important and profitable worldwide business news television brand. I welcome her in her new role as chairman,” Wright said.

    “We have achieved a number of successes during my tenure as president,” said Thomas-Graham.”I look forward to being able to now focus on CNBC’s strategic planning challenges to generate continued growth for the company.”

    Thomas-Graham was appointed CNBC president and CEO in July 2001. Previously, she was CNBC.com’s president and CEO. She joined NBC in 1999 from McKinsey & Company, where she was a partner.

    As CNBC president, Hoffman will undertake day-to-day responsibility for the network’s operations, programming and technology. The appointment represents a homecoming for Hoffman, who served at CNBC as executive producer (1997-98), vice president/ managing editor (1999-2000) and vice president/ managing editor, business development (2001). In addition, Hoffman served as interim president of London-based CNBC Europe from September 2000 through January 2001.

    “I am thrilled to be rejoining CNBC and teaming up with some of the brightest and most creative television professionals in the industry. I couldn’t be more optimistic about the future of CNBC,” Hoffman said.

    Hoffman began his career in 1981 as a news associate at KNX Radio in Los Angeles. He moved to television a year later as a producer at KMGH-TV, the CBS affiliate in Denver. He ascended the ranks as a producer at WNEV-TV in Boston; executive producer and then managing editor at WLS-TV in Chicago; assistant news director at WABC-TV in New York; and news director at WAGA-TV in Atlanta and WBBM-TV in Chicago. In March 1993 Hoffman joined the NBC family as vice president, news at KNBC-TV in Los Angeles. He later served as vice president/general manager of KDNL-TV in St. Louis and executive producer/development at Warner Brothers/Telepictures before joining CNBC as executive producer in July 1997.