CNBC Taps Rossell as Chief Economist

CNBC has appointed Marci Rossell as its chief economist, network executives
announced Thursday.

In her role at CNBC, Rossell -- who has been working with OppenheimerFunds
Inc. -- will cover all aspects of the economy, including the Federal Reserve
Bank and major economic indicators.

Rossell, who begins working at CNBC Sept. 10, will also appear on its
Squawk Box franchise, as well as other programs throughout the business

She replaces Kathleen Hays, who previously reported on the U.S. economy. Hays
is leaving CNBC this week to become an anchor on CNNfn (soon to be renamed CNN
Money) and to report on the economy for Cable News Network's Lou Dobbs

At OppenheimerFunds, Rossell served as vice president, corporate economist
and investment spokesperson, working closely with portfolio managers and
research analysts to develop investment themes and ideas for the company's
equity and fixed-income product lines. She also served as spokesperson for the
company's investment strategies and market outlook.

Prior to joining OppenheimerFunds, she was a manager for Deloitte &
Touche LLP, where she provided economic consulting and expert testimony for

Rossell began her career at the Federal Reserve Bank of Dallas, where she
provided economic analysis of national and local issues to the bank's