Shepard Smith is moving up. The Fox News anchor is apparently taking on the role of managing editor of a new breaking-news division while continuing to fill his chair as chief news anchor. Smith's existent show, The Fox Report, will now merge with the breaking-news unit, and he'll continue anchoring the afternoon slot, which will be renamed Shepard Smith Reporting. “Shep is a premier journalist and one of the finest newsmen of the modern era," Fox News head Roger Ailes said in a statement. “He will exemplify the ethos that Fox News is when and where the news is, as it happens, no longer bound by a traditional evening format conceived in the 1960s.”
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