Gralnick Out at CNN, Replaced by OHearn

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New York-Plagued by declining ratings at Moneyline News Hour, Cable News Network is replacing Jeff Gralnick, an ABC Inc. veteran and executive vice president of CNN Business News, officials said last week.

Gralnick, who will stay on until the end of June, will be succeeded by Katherine O'Hearn, who was named executive vice president of CNN Business News and executive in charge of Moneyline.

O'Hearn, an Emmy Award-winning producer at ABC News, will report to Shelby Coffey, president of CNN Business News and CNNfn.

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