by Marisa Guthrie

The exec had been at CBS News for 36 years and has been a leading figure at the news division for decades.

The tenure of Jeff Fager as the executive producer of 60 Minutes is over.

“Jeff Fager is leaving the company effective immediately,” CBS News president David Rhodes said Wednesday in a statement. “Bill Owens will manage the 60 Minutes team as Ingrid Ciprian-Matthews and I begin the search for a new executive producer of the program. 60 Minutes is the most significant news broadcast on television.”

Added Rhodes: “We are fortunate to have incredibly talented journalists in place who we know will continue to deliver our defining investigative work. This action today is not directly related to the allegations surfaced in press reports, which continue to be investigated independently. However, he violated company policy and it is our commitment to uphold those policies at every level. [CBS acting CEO] Joe Ianniello is in full support of this decision and the transition to come.”