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Jim Walton Stepping Down at CNN

Jim Walters is leaving CNN.

July 29, 2012- Jim Walton, after working for over 30 years with CNN, 10 at the top spot of CNN Worldwide, announced he was stepping down. He said he would leave his role at the network at the end of this year.

Walton said that he has been discussing stepping down with Phil Kent for quite some time. Walton said that Kent supported his decision. He told Kent he would cooperate completely with any changeover timeline he and Time Warner would like to implement.

He said Kent suggested he work until December 31, and after that be available for a period of time as needed. Walton said he agreed to that option. Walton said he was very proud of the accomplishments his team at CNN has made in his 10 years at the helm.

Those accomplishments he said include innovative programming, developing new talent both behind and in front of the camera, expansion of coverage internationally and huge expansion in mobile and digital. Most of all, he said he said the network’s biggest accomplishment is its trusted and great journalism.

Walton said that new thinking is needed at CNN. That he said first starts with having a new person to lead, who will bring in a different perspective, from different experiences and a new plan. Walton insisted the new person had to build on the great foundation CNN already has. Walton mentioned he has many new interests he wants to explore and wants to have time to do them all.

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