Loesch said in a statement: “I am very proud of the work we have done and the accomplishments we have achieved at the Hub. The network is now in excellent financial shape, its ratings are up year-to-year, our programming has won more than 30 awards, including 12 Daytime Emmys, and the Hub Network has become a TV home for quality programming that kids and their families come together to enjoy. I will be working closely with our parent companies, Discovery and Hasbro, to assist in the leadership transition. I want to thank both companies for the opportunity they extended me and thank my wonderful team at the Hub.”
“I have loved my job and am proud of the achievements we’ve made. While my career has spanned over four decades, I look forward to evaluating future opportunities and writing the next chapter,” she added.
Loesch was first the president and CEO of Crown Media US, helping to create the cable network Hallmark Channel. She was also previously the president of worldwide television at The Jim Henson Group. She was the founding president and CEO of Fox Kids Network, and in the same role at Marvel Productions.