CNN hires Zucker as new president

CNN made official Thursday morning its decision to install Jeff Zucker, the former chief executive of NBC, as the new president of CNN Worldwide.

The announcement culminated a monthslong search to find a replacement for Jim Walton, who had led CNN to record profits even as ratings for its U.S. network, CNN/U.S., hit record lows. The network announced in July that Walton would step down at the end of the year.

— From wire reports