Kevin Magee Steps Down From FBN…

TVNewser’s Chris Ariens writes that FBN President Kevin Magee is stepping down…

Magee has been EVP of Fox Business Network since it launched nearly 7 years ago. He’s been EVP of Fox News Radio since 2005.

“It’s impossible to overstate how wonderful my stay here has been in every possible way, but mostly because I got to work with the most professional, hardest-working and smartest group of people in the business,” Magee writes in a note to staff, obtained by TVNewser.

The management structure of Fox Business is under review, we hear, and an announcement on the new team will be made in the coming weeks.

Magee joined Fox News Channel from CNBC in 2001. During his tenure, he also oversaw the 2-year run of the syndicated “The Morning Show with Mike and Juliet.”