Peter Alexander announced on March 28, 2026, that he is stepping away from NBC News after nearly 22 years, closing a chapter that included his role on Saturday TODAY. On air, he emphasized that the decision was rooted in family, explaining that years of travel had taken him away from his daughters, Ava and Emma, far too often. He spoke candidly about wanting to be more present during the limited time they still enjoy spending together. Colleagues, including Laura Jarrett, praised him not only as a respected journalist but also as a devoted father. Throughout his career, Alexander covered major global events and served as a White House correspondent across multiple administrations, building a reputation for dedication, professionalism, and trust with viewers.

Behind the farewell, however, reports suggested another layer to his decision. While family remained the primary reason he shared publicly, there were also indications that he had grown frustrated with limited advancement opportunities at NBC, particularly missing out on top anchor roles. Soon after his departure, it was reported that he would join MS NOW as an anchor and chief national correspondent, taking on a daily weekday program and a more prominent leadership role in breaking news coverage. The move reflects both a personal and professional turning point—balancing a renewed focus on family life with a fresh opportunity to expand his career. After more than two decades in a familiar role, Alexander’s exit marks not an ending, but a shift toward a future shaped by both purpose and ambition.