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Newsmax TV CEO Stepping Down To A Consulting Role

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Newsmax TV’s CEO Michael Clemente will be stepping down into a consulting role after a little over a year in the position.

Clemente is a former Fox News and ABC News executive and producer. He worked at ABC News for 27 years and joined Fox News in 2009, where he was eventually let go in 2016. Clemente was also CNN‘s executive producer for two years, The Hill reported. He has been the CEO of Newsmax TV for 15 months, according to Mediaite.

He said the decision to step down into a consulting role was “mutual,” Mediaite reported.

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“I currently remain CEO of Newsmax TV,” Clemente said, according to Mediaite. “For a number of reasons unrelated to the company, I’m in the process of moving to a consultancy role. I remain strongly committed to the company and its prospects.”

Newsmax TV was founded in 2014 by President Donald Trump’s friend Chris Ruddy. It has struggled to gain significant viewership, despite Clemente previously stating that “carriage is up to 70 million homes,” according to Mediaite.

The new CEO has not been announced.

Newsmax TV did not immediately respond to a request for comment.

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