(CNN) Bobby Moynihan is taking his final bow on "Saturday Night Live" this week.

The longtime cast member is departing the series after nine seasons on the NBC sketch show, a source close to the show confirmed to CNN.

Moynihan's exit should not come as a shock to those who followed the news coming out of broadcast Upfronts.

CBS picked up a new show starring Moynihan last week and the network unveiled it as part of its fall schedule on Wednesday.

The series, called "Me, Myself & I," follows one man's life in three different periods of his life. John Larroquette stars as the older version of Moynihan's character.

Last pitch of the season! #SNL42 @therock A post shared by Bobby Moynihan (@bibbymoynihan) on May 16, 2017 at 10:06pm PDT

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