Greta Van Susteren out at Fox News

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Greta Van Susteren is set to depart Fox News after 14 years with senior political analyst Brit Hume taking over as host of her program On the Record through the election.

The announcement came Monday morning from Jack Abernethy and Bill Shine, who were recently elevated to co-presidents of the network in the wake of the departure of Roger Ailes amid sexual harassment allegations. No reason was cited for Van Susteren's departure, but a source close to the situation tells THR it came down to a "financial disagreement." Van Susteren was known to have a key man clause in her contract that allowed her to depart in the event Ailes did. Other Fox News personalities with such a clause include Bill O'Reilly, who anchors the network's top-rated show, and Sean Hannity.

Van Susteren was also among those Fox News employees who spoke out early in defense of Ailes, before leaks from an internal investigation spurred by ousted anchor Gretchen Carlson began to uncover allegations from multiple additional women. Ailes through his attorney has denied the allegations.

See photos of Greta Van Susteren through the years:

28 PHOTOS
Greta Van Susteren through the years
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Greta Van Susteren through the years
Headshot of American broadcast journalist Greta Van Susteren of the CNN televison network, listens during a televised discussion about the White House sex scandal, Arlington, Virginia, January 28, 1998. (Photo by Richard Ellis/Getty Images)
404951 07: Fox News'' Greta Van Susteren (R) and Sharon Osbourne arrive at the annual White House Correspondents'' dinner May 4, 2002 in Washington, DC. The correspondents'' dinner, now in its 88th year, has become an occasion for self-deprecating humor from U.S. presidents. (Photo by Manny Ceneta/Getty Images)
Greta Van Susteren during The Bloomberg after-party immediately following The White House Correspondents Dinner at Trade Ministry of the Russian Federation in Washington, DC, United States. (Photo by Theo Wargo/WireImage)
405704 02: Fox News'' Greta Van Susteren talks on her cell phone at the scene where human remains where found in Rock Creek Park May 22, 2002 in Washington, DC. A human skull and other skeletal remains were found and police are trying to determine if it is Chandra Levy, the former Washington intern who disappeared more than a year ago. (Photo by Mark Wilson/Getty Images)
Greta Van Susteren during Greta Van Susteren Book Signing at Barnes and Noble in New York City, NY, United States. (Photo by Stephen Lovekin/FilmMagic)
Greta Van Susteren during Greta Van Susteren Book Signing at Barnes and Noble in New York City, NY, United States. (Photo by Stephen Lovekin/FilmMagic)
WASHINGTON - JANUARY 18: U.S. Senator Trent Lott (R-MS) gestures as he shows the inaugural stage area to CNN network personality Greta Van Susteren on Capitol Hill as work continues in preparation for the upcoming presidential inauguration January 18, 2005 in Washington, DC. U.S. President George W. Bush will take his second oath of office January 20. (Photo by Win McNamee/Getty Images)
Arianna Huffington and Greta Van Susteren during Bloomberg After Party at Private Residence in Washington, District of Columbia, United States. (Photo by Jamie McCarthy/WireImage)
THE TONIGHT SHOW WITH JAY LENO -- Episode 2987 -- Pictured: (l-r) Commentator Greta Van Susteren during an interview with host Jay Leno on August 11, 2005 -- (Photo by: Paul Drinkwater/NBC/NBCU Photo Bank via Getty Images)
Greta Van Susteren during 2007 White House Correspondents Dinner - Bloomberg News After Party at Embassy of Costa Rica in Washington DC, United States. (Photo by Jamie McCarthy/WireImage)
Greta Van Susteren during FOX News Channel's 10th Anniversary VIP Party, Hosted by Rupert Murdoch and Roger Ailes at News Corporation building in New York City, New York, United States. (Photo by Duffy-Marie Arnoult/WireImage)
NEW YORK - NOVEMBER 07: Television personality Greta Van Susteren (C) and two u.s. Marines attend Stand Up For Heroes: A Benefit For The Bob Woodruff Family Fund at Town Hall on November 07, 2007 in New York City. (Photo by Scott Wintrow/Getty Images)
Greta Van Susteren poses for a photo at the Bloomberg Pre-White House Correspondents Dinner Cocktail Reception at the Washington Hilton on April 26, 2008 in Washington, DC. (Photo by Paul Morigi/WireImage)
ST. PAUL, MN - SEPTEMBER 01: (L-R) First lady Laura Bush, Fox News' Greta Van Susteren and Cindy McCain pose for a photo in the Fox News booth during day one of the Republican National Convention (RNC) at the Xcel Energy Center September 1, 2008 in St. Paul, Minnesota. The GOP will nominate U.S. Sen. John McCain (R-AZ) as the Republican choice for U.S. president on the last day of the convention. (Photo by Ethan Miller/Getty Images)
WASHINGTON - JULY 17: Fox News host Greta Van Susteren arrives for the funeral for former White House Press Secretary Tony Snow at the Basillica of the National Shrine of the Immaculate Conception July 17, 2008 in Washington, DC. U.S. President George W. Bush and first lady Laura Bush attended the funeral for Snow, who died Saturday after a long battle with colon cancer. (Photo by Chip Somodevilla/Getty Images)
WASHINGTON - JANUARY 08: Greta Van Susteren and John P. Coale attend salute to Brit Hume at Cafe Milano on January 8, 2009 in Washington, DC. (Photo by Paul Morigi/WireImage)
WASHINGTON - JUNE 1: FOX News host Greta Van Susteren checks her camera after snapping a photo of former Vice President Dick Cheney as he speaks at the Gerald R. Ford Foundation's annual Journalism Awards on June 1, 2009 in Washington, DC. Cheney strongly defended the Bush administration's record on national security. (Photo by Brendan Hoffman/Getty Images)
WASHINGTON - MAY 09: Greta van Susteren and Todd Palin attends the Capitol File White House Correspondents' Dinner after party at Corcoran Gallery of Art on May 9, 2009 in Washington, DC. (Photo by Jeff Snyder/FilmMagic)
UNITED STATES - JUNE 20: New York Mets vs Tampa Bay Rays. June 20, 2009. Saturday. Fox News Greta Van Susteren throws out ceremonial1st pitch. (Photo by Howard Earl Simmons/NY Daily News Archive via Getty Images)
WASHINGTON - NOVEMBER 16: News Journalist Greta Van Susteren at the 'Kaleidoscope' rehearsal presented by sanofi-aventis US airing nationally on Thanksgiving Day on FOX at Verizon Center on November 16, 2009 in Washington, DC. (Photo by Paul Morigi/Getty Images for Edge Health)
WASHINGTON - MAY 01: Kim Kardashian (L) and FOX News host Greta Van Susteren arrive at the MSNBC Afterparty following the White House Correspondents' Association dinner on May 1, 2010 in Washington, DC. The annual dinner featured comedian Jay Leno and was attended by President Barack Obama and First Lady Michelle Obama. (Photo by Brendan Hoffman/Getty Images)
WASHINGTON, DC - APRIL 30: Bristol Palin (L) and Greta Van Susteren attend the MSNBC Correspondents' after party with FIJI Water at Embassy of Italy on April 30, 2011 in Washington, DC. (Photo by Paul Morigi/Getty Images for The New Yorker)
Fox News Channel host Greta Van Susteren, actress Lindsay Lohan, center, and Susan Axelrod, chair and founding member of Citizens United for Research in Epilepsy (CURE), attend the 19th Annual White House Correspondents' Garden Brunch in Washington, D.C., U.S., on Saturday, April 28, 2012. This year's event will raise money for the CURE and The White Ribbon Alliance for Safe Motherhood organizations. Photographer: Andrew Harrer/Bloomberg via Getty Images
WASHINGTON, DC - APRIL 26: Fox News Channel host Greta Van Susteren attends Celebrating The Arts In American Dinner Party With Distinguished Women In Media presented by Landmark Technology Inc. and The Creative Coalition at Neyla on April 26, 2013 in Washington, DC. (Photo by Mike Coppola/Getty Images for Landmark Technology Inc.)
Fox News Channel host Greta Van Susteren, right, and her husband John Coale attend the 20th Annual White House Correspondents' Garden Brunch in Washington, D.C., U.S., on Saturday, April 27, 2013. This year's event will honor the Citizens United for Research in Epilepsy (CURE) and the Miss America Foundation. Photographer: Andrew Harrer/Bloomberg via Getty Images
WASHINGTON, DC - SEPTEMBER 28: Greta Van Susteren poses on the red carpet during the Kevin Spacey Foundation Washington Gala Dinner at Mandarin Oriental Hotel on September 28, 2013 in Washington, DC. (Photo by Kris Connor/Getty Images)
WASHINGTON, DC - APRIL 29: Journalist Greta Van Susteren attends TIME and People's Annual White House Correspondents' Association Cocktail Party at St Regis Hotel on April 29, 2016 in Washington, DC. (Photo by Larry Busacca/Getty Images for Time and People )
NEW YORK, NY - MAY 12: Commentator Greta Van Susteren attends the 2016 Forbes Women's Summit at Pier Sixty at Chelsea Piers on May 12, 2016 in New York City. (Photo by Slaven Vlasic/Getty Images)
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The press release announcing Van Susteren's departure offers a brief thank you from Abernethy and Shine: "We are grateful for Greta's many contributions over the years and wish her continued success."

And includes words of praise for Hume: "As one of the best political analysts in the industry, Brit is the ideal choice to host a nightly political program while the most dynamic and captivating election in recent history unfolds. Having Brit at the helm of this show will enable Fox News to continue on track to have its highest-rated year ever as the network dominates the cable news landscape."

Hume added: "I am happy to take on this assignment for the balance of this extraordinary election. My Fox News colleagues have set a high standard for political coverage which I'll do my best to uphold. I'm honored to be asked."

UPDATE: Greta Van Susteren confirmed her departure in a Facebook post on Tuesday afternoon, writing that "Fox has not felt like home to me for a few years." Read the full post below:

Fox News settled its case with Gretchen Carlson for $20 million on Tuesday:

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