EXCLUSIVE UPDATED:Dennis Millerhas stepped down as President ofthe CWafter two years.

According to sources, he has shared the news with company staff.

The CW President of EntertainmentBrad Schwartzis expected to succeed him.

Dennis Miller, Brad Schwartz

Dennis Miller, Brad SchwartzThe CW

A rep for Nexstar declined comment.

Nevertheless, his departure is surprising asMiller last year re-upped his contractto remain as CW President through 2027.

His position was eliminated.

The CW

Discovery (each of which still has 12.5% of the web connection).

As a result, the CW canceled all of the networks pre-merger scripted dramas except forAll American.

Dade Hayes contributed to this report.