CNN President Jeff Zucker announced he’s stepping down on Wednesday over a romantic relationship with his “closest colleague” that he failed to disclose to the company.

“As part of the investigation into Chris Cuomo’s tenure at CNN, I was asked about a consensual relationship with my closest colleague, someone I have worked with for more than 20 years,” Zucker wrote in a shocking memo to staff on Wednesday morning. “I acknowledged the relationship evolved in recent years. I was required to disclose it when it began but I didn’t. I was wrong.

“As a result, I am resigning today.”

While Zucker did not name the “close colleague” with whom he shared a relationship, CNN reported that it was Allison Gollust, CNN’s chief marketing officer, who will remain with the network.

“I have accepted Jeff Zucker’s resignation as Chairman of WarnerMedia News and Sports, and President of CNN Worldwide. We thank Jeff for his contributions over the past 9 years,” WarnerMedia CEO Jason Kilar added in a staff-wide memo obtained by The Daily Beast. “We will be announcing an interim leadership plan shortly. Both of these organizations are at the top of their respective games and are well prepared for their next chapters.”

This is a developing story…

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