A longtime and well-regardedFox Newsanchor is stepping down.

Shepard Shep Smithis exiting the cable news connection, EW has confirmed.

Smith was the networks chief news anchor and breaking news managing editor ofShepard Smith Reporting.

Style Story about the fifteenth aniversary of Fox News.

The Washington Post/Getty Images

After requesting that I stay, they graciously obliged.

The opportunities afforded this guy from small town Mississippi have been many.

Smiths colleagues were apparently surprised by the news, with Neil Cavuto saying on air, Whoa.

Im Neil Cavuto and, like you, Im a little stunned and a little heartbroken.