Herridge's Fox contract expires in the summer. Fox wanted her renewed, but she knew her exit was possible, one source said. Friday will be her last day.
In a statement released through Fox, Herridge thanked Fox Patriarch Rupert Murdoch "for the opportunity to cover the most influential stories of the last 23 years, finally the Special Counsel's report and the impeachment investigation. I have received great personal satisfaction from mentoring the next generation of reporters and producers and sharing my journalistic values - these facts matter and business reporting will always make the day. "
In a statement released through CBS, Herridge also referred to the importance of the facts, but in a way that could be interpreted as a criticism of Fox:" CBS News has always put a premium on corporate journalism and powerful investigations, "he said "I feel privileged to be joining a team where facts and storytelling will always matter."
CBS said it would begin its new role in November.
"It will report original investigations and will cover national security and intelligence issues,
It is not known whether Heridge has felt these dissatisfactions, and she often appears on Fox broadcasts with her coverage as well as daily news broadcasts.
Fox News President Jay Wallace recently responded to allegations that Fox's news operation was kept to a minimum, saying, "Journalism is a huge part of the term here. "
Smith's 3-hour slot is filled by a spinning roll of Fox news anchors. Wallace told Variety that a new anchor will probably be christened next year.
Intel beating Herring similarly will be filled through DC-based correspondent rotation, according to Fox.