CNBC Veteran Rick Santelli to Exit in October
Key Points:
- Rick Santelli, a longtime CNBC economic-indicators analyst known for his candid and passionate commentary, announced his retirement from the network effective October 2, after joining CNBC in 1999.
- Santelli gained recognition for his expertise in trading, options, and futures, and for his distinctive on-air presence, including memorable moments like his 2009 rant that helped inspire the Tea Party movement.
- Throughout his career, Santelli was known for his willingness to challenge conventional views and engage in spirited debates with colleagues, notably with CNBC anchors Steve Liesman and Andrew Ross Sorkin.
- CNBC’s editor in chief praised Santelli’s dedication and authenticity, highlighting his commitment to covering key market events consistently, even during personal time.
- Although retiring from his full-time role, Santelli will continue contributing to CNBC, with his final day coinciding with the release of the next federal jobs report, which he plans to cover.