MSNBC president Rashida Jones has stepped down. Read the memo to staff detailing the leadership change.

• Rashida Jones has stepped down as president of MSNBC.
• Rebecca Kutler will succeed her as interim president.
• The left-leaning network faces an uncertain future as it heads toward a spinoff and a new Trump era.

MSNBC's president, Rashida Jones, has stepped down, she said in a memo to staff distributed Tuesday and viewed by Business Insider.

The change comes amid ratings struggles for the network and days before the inauguration of President-elect Donald Trump.

A memo from Mark Lazarus, the chairman of NBCUniversal's media group, said Rebecca Kutler, a senior vice president of content strategy, would become the interim president of the left-leaning news network.

MSNBC is among the NBCUniversal networks, along with CNBC, E!, Oxygen, and others, that its parent company, Comcast, plans to spin off in the coming year. Comcast positioned the move as a way to grow both organically and by acquiring other cable networks.

Jones started in the role in 2021, at the start of the Biden administration. She was the first Black executive to lead a major news network and presided over early ratings successes. The situation has changed recently. Ratings for MSNBC and CNN have fallen since the presidential election in November. Meanwhile, Fox has surged.

Jones said that the decision to step down was hers and that she was asked to stay on for a transitional period.

"I came to this decision over the holidays while reflecting on our remarkable journey and the many successes we've achieved together as a team," she wrote in the memo to MSNBC staff. "This has been the most rewarding chapter of my professional career and I am immensely proud of what we have accomplished, which has been made possible only by you."

Had Jones stayed, she would have reported to a new boss, Lazarus, who was tapped to lead the new company. Cesar Conde will stay on as the NBCUniversal News Group chair but lose the cable network as part of the transition.

MSNBC faces an uncertain future under Trump 2.0. It just brought back its star, Rachel Maddow, five days a week to cover the first 100 days of Trump's new administration. The move could give the network a much-needed ratings boost.

One former MSNBC executive said they felt that running the network was an "impossible situation." They asked for anonymity to protect business relationships; their identity is known to BI.

"Resistance TV is less important," this person said. "The challenge will be how will the network appear more down the middle without losing their audience? The shrinking linear marketplace and rapidly evolving political environment have created a perfect storm."

Here's Lazarus' full memo to MSNBC staff:

All,

As Rashida announced this morning, she has made the decision to step down as president of MSNBC after an extraordinary tenure leading the network.

I first met Rashida in 2018, and since then, I have been impressed by her business successes, exceptional producing skills and sharp editorial instincts.

Rashida has expertly navigated MSNBC through a years-long, unrelenting and unprecedented news cycle, all while driving the network to record viewership and making investments in nonlinear businesses. MSNBC is well-positioned for the future, and I am grateful that she will continue to support us during this transition.

Effective immediately, I am pleased to announce the appointment of Rebecca Kutler as the interim president of MSNBC, reporting directly to me. Rebecca is the ideal leader to guide us through this moment, and I look forward to collaborating with her as we shape our collective future together.

Since joining MSNBC in 2022, Rebecca has been a catalyst for growth across our digital, social, and audio platforms, resulting in across-the-board record audience engagement. She is a highly respected industry veteran with decades of experience in executive producing, news programming, and business development. With Rebecca's track record of driving the development and expansion of several of the network's marquee programs, it's no surprise she was recently promoted to oversee all of dayside.

Please join me in expressing our gratitude to Rashida for her invaluable contributions to MSNBC and in congratulating Rebecca on her well-deserved appointment.

Mark Lazarus