CBS News President Ingrid Ciprian-Matthews is leaving her position at the top of the organization, less than one year after she assumed the role.

The move by Ciprian-Matthews, who has already worked for CBS News for some time, was announced to her staffers on Wednesday morning. She will instead take on a senior advisor role with the network as part of its 2024 presidential election coverage before leaving the company altogether.

“We all know our industry and company are going through a transformation and a number of short- and long-term decisions need to be made,” Ciprian-Matthews wrote in a memo. “I do not want to be disingenuous with any of you about who should drive these decisions. I’ve always leaned into my integrity and my values, and I felt it was important to be transparent at this juncture about my plans.”

As of Wednesday morning, a replacement for Ciprian-Matthews has not been named.

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Ciprian-Matthews stepping down marks the third executive to fulfill the role of CBS News president since 2021. Neeraj Khemlani and Wendy McMahon, who previously served as co-presidents for two years, left their positions last year, with McMahon becoming president and CEO of CBS News and Stations.

The shakeup at CBS News comes shortly after Paramount Global, the news network’s parent company, reached an agreement with Hollywood studio Skydance Media to merge earlier this month. Skydance executives have since identified at least $2 billion in cost cuts that the company can make.