Moreover, the anchor will hold another important position, he will serve as a chief general news anchor and chief breaking general news anchor, as well as host, and exec editor of his show.
Smith, on his statement, wrote, "Gathering and reporting the news has been my life's work. I am honored to continue to pursue the truth, both for CNBC's loyal viewers and for those who have been following my reporting for decades in good times and in bad."
Watch: Former Fox News anchor Shepard Smith to join CNBC for a new nightly show
Shepard added, "CNBC Chairman Mark Hoffman, a journalist himself at his core, presented me with CNBC's vision for a fact-based, hour-long evening news program with the mission to cut through the static to deliver facts, in context and with perspective."
The anchor also mentioned "it's a great home" for his newscast and added, "a great home for my newscast," and closed with his excitement "to be working with the exceptional talent at CNBC and eager to build a team focused on uncovering the news behind the headlines."