Fox News’ Co-President, Bill Shine has resigned. This comes on the heels of Sean Hannity warning that his resignation would be the ‘end of Fox News as we know it’.

Via Hollywood Reporter:

Fox News co-president Bill Shine is out at the cable news empire. The move comes as Shine was due back Monday after two days out of the office for a pre-planned long weekend.

Rupert Murdoch, 21st Century Fox and Fox News executive chairman, made the announcement Monday via a brief email to Fox News staffers.

“Sadly, Bill Shine resigned today,” wrote Murdoch in a memo obtained by The Hollywood Reporter. “I know Bill was respected and liked by everybody at Fox News. We will all miss him.”

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Suzanne Scott becomes president of programming and Jay Wallace has been promoted to president of news. Scott had been Shine’s second-in-command in programming and has been with the network since it began in 1996. Additionally, Brian Jones, executive vp of Fox Business Network, becomes president of the network reporting to Scott and Wallace.

In a media release announcing the executive shuffle, Murdoch also said: “This is a significant day for all at FOX News. Bill has played a huge role in building FOX News to its present position as the nation’s biggest and most important cable channel in the history of the industry. His contribution to our channel and our country will resonate for many years.”