Hoda Kotb named new co-anchor of NBC's TODAY show

Hoda Kotb is officially the co-anchor of NBC's TODAY show. 

Kotb will host the show with Savannah Guthrie. 

NBC News Chairman Andy Lack made the announcement Tuesday morning about a month after Matt Lauer was fired from the position. 

Kotb will continue to co-host TODAY’s fourth hour with Kathie Lee Gifford.