CNBC correspondent Bob Pisani to retire from day-to-day reporting: ‘A true Wall Street institution'
Pisani's final day broadcasting from the floor of the New York Stock Exchange is set for May 9. However, he won't be disappearing entirely.
CNBC confirmed to the news site Deadline that Pisani will return later this year in a contributor role for CNBC Pro, the network's subscription-based platform aimed at professional investors.
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4 Bob Pisani is the longtime senior markets correspondent at CNBC.
CNBC
'Bob has been more than just a colleague over the last three decades – he's been a constant presence, a trusted voice and a defining figure in our coverage,' Dan Colarusso, CNBC's senior vice president of Business News, wrote in a memo to staff.
'He has been a mainstay on CNBC and a true Wall Street institution, bringing passion, sharp analysis and a deep understanding of the markets that have earned him the respect of his peers and viewers alike.'
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Pisani joined CNBC in 1990 and became its on-air stocks editor in 1997, eventually becoming one of the most recognizable faces in financial journalism.
Known for his in-depth reporting, calm demeanor and sharp wit, Pisani earned a reputation as a reliable interpreter of market movements and investor sentiment during both booms and crises.
4 Pisani will be stepping away from his day-to-day reporting duties after a storied career.
In 2022, Pisani authored the book 'Shut Up and Keep Talking: Lessons on Life and Investing from the Floor of the New York Stock Exchange,' which chronicled his decades of experience covering Wall Street and offered both personal anecdotes and practical advice.
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Pisani's departure comes as CNBC is preparing to spin off from parent company Comcast later this year.
The head of what will eventually be the spun-off division announced that the newly created entity has officially been named Versant.
4 Pisani's final day broadcasting from the floor of the New York Stock Exchange is set for May 9.
NBCU Photo Bank/NBCUniversal via Getty Images
Versant will encompass a wide swath of Comcast's media assets, including cable networks such as CNBC, MSNBC, USA, Syfy, E!, Oxygen and the Golf Channel, along with digital properties like Fandango and Rotten Tomatoes.
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The move is part of a broader restructuring that will see the division operate independently from NBCUniversal, though the two entities are expected to remain loosely connected during a transition period.
4 Pisani will return later this year in a contributor role for CNBC Pro, according to the network.
The Roberts family, the founding and controlling family behind Comcast, will retain control of both companies.
The Post has sought comment from CNBC.
A fixture on the floor of the NYSE, Pisani has been one of the last remaining TV journalists to regularly report from the iconic trading post.
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