I am beyond excited and grateful,” Melvin said, thanking “NBC and the folks here who deemed me worthy.” He begins as co-host in January.

Kotb's last day as co-anchor of the Today show will be Friday, January 10. She first shared the news of her departure back in September, citing wanting more time with her children, the beginning of a new business venture, and feeling like she had reached the pinnacle of her career at Today.