Craig Ferguson To Step Down As Host Of 'The Late Late Show'

BOSTON (CBS) - Craig Ferguson announced Monday that he has decided to step down as host of CBS' "The Late Late Show."

Ferguson broke the news Monday afternoon to his studio audience during the taping of the show which will be broadcast Tuesday at 12:37 a.m. Ferguson's last show will be in December.

"During his 10 years as host, Craig has elevated CBS to new creative and competitive heights at 12:30," said Nina Tassler, Chairman, CBS Entertainment. "He infused the broadcast with tremendous energy, unique comedy, insightful interviews and some of the most heartfelt monologues seen on television."

Added Tassler, "Craig's versatile talents as a writer, producer, actor and comedian speak to his great days ahead. While we'll miss Craig and can't thank him enough for his contributions to both the show and the Network, we respect his decision to move on, and we look forward to celebrating his final broadcasts during the next eight months."

Said Ferguson, "CBS and I are not getting divorced, we are 'consciously uncoupling,' but we will still spend holidays together and share custody of the fake horse and robot skeleton, both of whom we love very much."

Ferguson has several projects in the works, including hosting "Celebrity Name Game," a syndicated game show beginning fall 2014, as well as developing television projects via his Green Mountain West production company.

Earlier this month, CBS announced that Stephen Colbert would succeed David Letterman as host of "The Late Show."

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