Why did Neil Cavotto leave Fox News after 28 years?

Neil Cavuto is leaving Fox News after 28 years at the network.

“Neil Cavuto’s illustrious career has been a master class in journalism and we’re extremely proud of his incredible 28-year run with FOX News Media,” a Fox News spokesperson told HuffPost in a statement. “His programs have defined business news and set the standard for the entire industry. We wish him a heartfelt farewell and all the best on his next chapter.”

Thursday will be Cavuto’s last day on air, the spokesperson confirmed.

According to Mediaite, which first reported the news, Cavuto’s contract is set to expire at the end of the month, and he will give the news of his departure to viewers on his “Your World” program Thursday.

The veteran news anchor has been at the network since it was founded in 1996. He oversaw business coverage at both Fox News and Fox Business, and led all election coverage for the business network since 2007.

Currently, he anchors “Your World” on weekday afternoons, as well as “Cavuto Live” on Saturday mornings and Fox Business program “Cavuto: Coast to Coast” on weekdays. Those shows will reportedly be helmed by rotating hosts going forward until new programming is established.

Cavuto’s exit is “not the consequence of any bad blood, but rather an increasingly common industry reality: Cavuto was offered a new contract, which he declined to accept,” Mediaite reported.

He is one of a handful of on-air figures at Fox News who has been willing to criticize Donald Trump and his lies on air, often earning rebukes from the conservative network’s viewers and the president-elect himself.

The journalist has experienced a range of health issues over the years. He has multiple sclerosis, and survived a battle with stage 4 cancer.

Before joining Fox News, Cavuto anchored programming at CNBC. He had also served as the New York bureau chief for PBS’s “Nightly Business Report” and as Washington bureau chief for Investment Age Magazine.