You are the right person for it." Craig Melvin has been named as the new co-anchor of "Today," nine years after he relocated to Westport, CT, to join the popular morning show. The 45-year-old anchor has owned two homes in the upscale beachside town ...

Craig Melvin, 45, will be taking over for “Today” anchor Hoda Kotb when she steps down. The move will give him a big salary bump, as Us Weekly reports that he’ll make about $5 million to $6 million in his new role. He allegedly makes $3 million per year now.

Hoda Kotb has been a co-anchor on Today with Savannah Guthrie since 2018, but the 2025 TV schedule will officially go on without her. Since Kotb announced her exit in September, the question high on the minds of viewers (and surely the network) has been regarding who would be her replacement.

Veteran NBC host and news anchor Craig Melvin has been tapped to replace Hoda Kotb as co-host of the 7 a.m. to 9 a.m. hours of “Today.”

By selecting Mr. Melvin, a familiar face on the show, network executives chose to go the steadiest route possible.

Craig Melvin was announced as Hoda Kotb’s replacement for the first hour of the ‘Today’ show ahead of her exit from the morning show

Melvin, an NBC News veteran of almost 14 years, will take the anchor chair in January, a week before Hoda Kotb’s final appearance as co-host.

News of Hoda Kotb’s exit from the popular Today show surprised fans and her co-workers last month. Hoda will leave her seat next to Savannah Guthrie next January, and Craig Melvin will be named her successor as co-anchor for the show’s first and second hours.