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.

After announcing Hoda Kotb would be stepping back from her role as co-anchor, the "Today" show is announcing Craig Melvin will step in.

Craig Melvin will become the new co-anchor of NBC’s Today, following the departure of Hoda Kotb in January. The announcement was made on this morning’s broadcast. Kotb’s final day on the show will be on Jan.