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Jonathan Wald, CNBC's #2 Exec, Leaving Network

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Jonathan Wald, a senior vice president at CNBC who runs the network's editorial operations, is leaving the the company. Jonathan reports to CNBC boss Mark Hoffman. The newsroom reports to Jonathan.

According to a source, Jonathan is leaving because his contract runs out at the end of the quarter, and he and the network could not come to terms on an extension. CNBC staffers suspect that he has another position lined up elsewhere.

A source close to the situation says Wald is not headed to Bloomberg, where the Managing Editor, Jonathan Meehan, is leaving. The source says Wald wants the top job somewhere, and CNBC boss Mark Hoffman isn't going anywhere. A former student of Jonathan's at Columbia Journalism School speculates that he might also be headed there, but this seems likely to remain a part-time gig.

Read the whole story at Silicon Alley Insider