Giuiliana Rancic has been the anchor of E! News since 2005 but she just announced she is leaving the show;

“For more than a decade, I was fortunate enough to play a role in the success of E! News and will miss my family at the show. At the same time, I am excited to not only continue as host of two major franchises on E! but also executive produce the aspirational new show Rich in Faith for Oxygen as well as take my wine and clothing lines to the next level.

This is such a thrilling time for me and I thank the gang at E! for understanding my desire to embark on this next chapter in my life.”

E! general manager Adam Stotsky praised Rancic for helping to expand the show’s profile;

“During her time here, Giuliana played an instrumental role in building E! News into a global entertainment news powerhouse and, while we will miss seeing her on set every day, we are delighted to continue to work with her on Fashion Police and Live From the Red Carpet.”

Rancic, as you heard unless you were visiting another planet, made headlines earlier this year when she joked on Fashion Police about Zendaya‘s Oscars hairdo. She took a lot of heat and her fellow co-hosts, Kelly Osbourne and Kathy Griffin left the show. Melissa Rivers is now set to host the show’s several yearly specials. This sounds to ME like a contract was not renewed or a new more limited one was negotiated. Who knows? These announcements rarely say what is REALLY going on. Her final episode will air August 10.