CBS Names Chip Reid New Chief White House Correspondent; Jim Axelrod Moves to New York

CBS News executives today named Chip Reid as the network's new chief white house correspondent. Mr. Reid, a veteran of NBC News, joined CBS is 2007. He previously served as the network's Capitol Hill correspondent, and hit the campaign trail extensively over the past year.

CBS also announced today that the network's erstwhile chief White House correspondent, Jim Axelrod, will become a national correspondent based in New York.