Lester Holt Will Be Permanent NBC 'Nightly News' Anchor: WSJ

Updated on

NBC and the “Nightly News” anchor Brian Williams have reached a tentative agreement that will keep Williams at the network in a new role, CNN reported, citing unidentified people with knowledge of the matter.

Williams will not return to the news program’s anchor chair, which will be taken on a permanent basis by Lester Holt, CNN said. Details of Williams’ new role at the Comcast Corp.- owned network are unknown to all but a very small number of executives, CNN said, adding that a formal announcement may come as early as Thursday.

Williams, 56, was suspended as managing editor and anchor of the “Nightly News” for six months in February, after disputed accounts of his reporting in Iraq in 2003 led him to retract and apologize for the inaccuracies.

“Brian misrepresented events which occurred while he was covering the Iraq War in 2003,” Deborah Turness, president of NBC News, said in a memo at the time of Williams’ suspension. “It then became clear that on other occasions Brian had done the same while telling that story in other venues. This was wrong and completely inappropriate for someone in Brian’s position.”

Williams, who joined NBC in 1993 and replaced Tom Brokaw as anchor of the “Nightly News” in late 2004, renewed his contract in December for five years. His salary is $13 million a year, according to the website Celebrity Net Worth.

    Before it's here, it's on the Bloomberg Terminal. LEARN MORE