Current TV CEO Mark Rosenthal to Leave Cable Network

Joel Hyatt, who co-founded the channel with chairman Al Gore, will step in.

NEW YORK -- After two years as CEO of Current TV, Mark Rosenthal is leaving the company and will be replaced by Joel Hyatt, a former CEO and co-founder of Current TV with chairman Al Gore, the cable network company said Thursday afternoon.

It didn't say what exactly led to the departure of the former MTV president.

"During Mark's tenure, Current has become a focused cable network with a world class leadership team, a new brand identity, a move towards
 long-form, ratings-driven factual programming and a solid foundation for growth," Current TV said in a statement. "These results helped pave the way for Current's recently successful launch of Countdown With Keith Olbermann and the network's 
major strategic shift to become a political commentary and news analysis network, with a clear, progressive point of view."

The company didn't immediately say where Rosenthal would go next.

 AdWeek first reported the CEO switch.

Twitter: @georgszalai