Jon Stewart stepping down as 'Daily Show' host

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Comedian broke the news during a taping Tuesday in New York

Jon Stewart is exiting "The Daily Show," TheWrap has confirmed.

"For the better part of the last two decades, I have had the incredible honor and privilege of working with Jon Stewart," Michele Ganeless, president, Comedy Central said on Tuesday. "His comedic brilliance is second to none."

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"Jon has been at the heart of Comedy Central, championing and nurturing the best talent in the industry, in front of and behind the camera," she continued. "Through his unique voice and vision, 'The Daily Show' has become a cultural touchstone for millions of fans and an unparalleled platform for political comedy that will endure for years to come."

"Jon will remain at the helm of 'The Daily Show' until later this year," Ganeless concluded. "He is a comic genius, generous with his time and talent, and will always be a part of the Comedy Central family."

Also Read: Jon Stewart Moderates Epic Congressional War of Words Between Texas and Florida (Video)

Stewart first announced the news at Tuesday's taping of "The Daily Show," which airs tonight at 11 p.m. ET.

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