NBR host Kangas to sign off

Leaving after 30 years with the financial news show

NEW YORK -- Paul Kangas will leave the anchor desk of PBS's "Nightly Business Report" at the end of the year after 30 years with the financial news show.

NBR said Thursday it has begun its search for a new co-anchor to join Susie Gharib and expects to make an announcement in the fall.

“I’m not retiring,” said Kangas. “Business news is what I know and it’s what I am. So I plan to stay involved through speaking engagements, guest commentaries, television appearances and consultation."

Kangas traditionally ends NBR broadcasts by wishing viewers “the best of good buys.”

Known for his fast-paced delivery and encyclopedic knowledge of the financial markets, Kangas joined NBR when it began as a local program on Miami's public TV station WPBT2 in 1979 and helped make it the most-watched daily business program on the air.

Said NBR executive editor Rodney Ward: "We see this as an exciting and unique opportunity to re-establish the program with audiences new and old."