New York (CNN Business) ABC News president James Goldston, who has led the network news division for the past seven years, is stepping down at the end of March. "I've decided this is the right moment to move on as this incredible era of news ends and another begins," Goldston wrote. Goldston led ABC's news division, owned by Disney, to five Edward R. Murrow Awards for Overall Excellence since 2014. Rice said that Goldston and five ABC News executives will all report to him, through an Office of the President model, for the next two months. "James has helped build ABC News into one of the most trusted and admired news organizations," Rice told staffers in a memo.

Source: CNN January 28, 2021 19:48 UTC