'This Week With George Stephanopoulos' Adds Sandy Cannold as New EP

ABC News has tapped its replacement for This Week EP Jon Banner following his recent departure for PepsiCo.

Sandy Cannold, who joins the organization after recently serving as EP of CNBC’s Street Signs and producing the network's highly-rated primary debate last year, is set to run George Stephanopoulos' weekly political broadcast later this year.

ABC News president Ben Sherwood announced the news in a Thursday memo. He noted some of Cannold's journalistic accomplishments -- including the co-creation of Squawk on the Street, the first program of its kind to broadcast from the New York Stock Exchange during market hours.

Cannold's first show will air on Nov. 11.