NBC News President Steve Capus resigned on Friday.

Capus worked as President for 8 years, but lost control after the 'Today' show lost its' 16 year rating victory to 'GMA'.

"It's been a privilege to have spent two decades here, but it is now time to head in a new direction." I have informed Pat Fili Krushel (chairman of NBC Universal News Group) that I will be leaving NBC News in the coming weeks." he wrote in a letter to NBC staff. " It is impossible to fully express how much I respect the people of NBC News. To call everyone 'colleagues' has been a true honor... but to call so many of you dear friends has been a true gift. Thank you for everything. I could not be prouder of what we have accomplished together."

No word on who will replace Capus after he leaves NBC.

NBC's live telethon, "Hurricane Sandy: Coming Together," raised over $20 million this week.

The one hour event, hosted by the American Red Cross and NBC Universal, was thrown to help Hurricane Sandy victims on the East Coast.

"Our preliminary results of nearly $23 million raised are an extraordinary example of how American people pull together in times of disaster. Their generous donations will go directly to those in need, and we urge the public to continue to give, " said American Red Cross official Peggy Dyer.

Matt Lauer, Mary J. Blige, and Christina Aguilera all contributed to the event.

To Donate to Hurricane Sandy disaster relief, click here.

(Source)