CBS News has retained co-host Gayle King with a new contract while announcing the departure of a key executive from its morning show program.

King, who has been with CBS since 2011, signed a new deal with the network this week, putting to rest rumors that had circulated since last fall about her potential exit. In a statement, King referenced speculation about her departure, saying the rumors were "inaccurate and greatly exaggerated."

Separately, Shawna Thomas, the executive producer who has overseen CBS Mornings since 2021, informed staff members that she will be leaving her role. Thomas helped guide the morning program through multiple significant changes during her tenure.

The personnel moves come as CBS News undergoes broader organizational changes under Paramount, which is owned by billionaires Larry and David Ellison. The network has been implementing various structural adjustments as part of this transition.

King serves as co-host of CBS Mornings, the network's flagship morning news program. Her retention ensures continuity for the show's on-air team amid the executive producer transition.