Chuck Todd announces resignation from 'Meet the Press'

NBC News anchor Chuck Todd announced on Sunday that he will be resigning as the 12th moderator of Meet the Press "in the coming months" after hosting the weekly show for nine years.

"Kristen Welker, NBC News' co-chief White House correspondent, will succeed him," the network reported.

"It's been an amazing nearly decadelong run. I am really proud of what this team and I have built over the last decade," Todd said. "I've loved so much of this job, helping to explain America to Washington and explain Washington to America."

READ MORE: 'What say you?' Chuck Todd and Pete Buttigieg spar over how to reduce the national debt

Per NBC, Todd added that "When I took over Meet the Press, it was a Sunday show that had a lot of people questioning whether it still could have a place in the modern media space. Well, I think we've answered that question and then some."

NBC noted that Todd "plans to remain at NBC in a new role as chief political analyst, where he will serve as a key voice both in the field and during coverage of major events. He will also focus on long-form journalism."

Watch Todd's full address below or at this link.

READ MORE: 'Just sheer paralysis': Chuck Todd roasts Republicans over their inability to dethrone Donald Trump

NBC News' report is available here.

This is a breaking news and developing story.