Rick Santelli will retire from his full-time role at CNBC on October 2 after more than 27 years with the network, the on-air markets analyst confirmed in recent reports.
Santelli joined CNBC in June 1999 as an on-air editor reporting from the Chicago Mercantile Exchange, a CNBC profile shows, and became known for real-time analysis of interest rates, bonds and economic data on the trading floor.
Industry coverage first reported the timing: Variety wrote that Santelli will step away in October and is expected to remain with the network as a contributor after retiring from daily broadcasting, and TheWrap also reported his final full-time broadcast will take place on Oct. 2.
CNBC published a short video segment this week in which colleague Steve Liesman surprised Santelli with a gift as he approaches retirement, describing his tenure at the network as 27 years and marking the occasion ahead of his planned last day on air.
Across his CNBC work, Santelli has focused on the bond market, the Federal Reserve and other indicators; the network’s biography notes his beat centers on interest rates, foreign exchange and the Fed, explaining why viewers often turned to his reporting for market reaction to economic releases.
His retirement follows a string of long-serving broadcast departures this month; for example, another longtime on-air personality at a cable news outlet recently signed off after nearly 30 years, underscoring a wave of veteran presenters changing roles.
This article links to past coverage of Santelli’s market analysis and to another anchor’s sign-off to help readers who want background on the on-air changes: Rick Santelli breaks down jobless claims data and Alex Witt signs off from MS NOW.
What comes next for Santelli beyond occasional contributor appearances was not detailed in the reports; Variety described him as “expected to serve as a contributor,” and outlets covering the announcement cited his long-running presence reporting from the Chicago trading floor.
Sources
- Variety — reported Santelli will step away from his full-time role in October and is expected to remain as a contributor.
- TheWrap — reported Santelli’s final full-time broadcast will be on Oct. 2 after 27 years at CNBC.
- CNBC — profile page confirming Santelli joined CNBC in June 1999 and describing his focus on interest rates and the Federal Reserve.
- CNBC — video segment showing Steve Liesman surprising Santelli as he approaches retirement.
