Entertainment TV Craig Ferguson Departing 'The Late Late Show' Ferguson's announcement comes after David Letterman said he's retiring By Mike Fleeman Mike Fleeman Mike Fleeman is a former West Coast editor at PEOPLE. He left PEOPLE in 2014. People Editorial Guidelines Updated on December 1, 2020 10:24PM EST Photo: Sonja Flemming/CBS First Dave, now Craig. The changes for CBS’s late-night lineup continue with Craig Ferguson announcing that he, too, will be leaving his show at the end of the year. Ferguson, 51, broke the news Monday afternoon during the taping of the The Late Late Show. No replacement has been announced. “CBS and I are not getting divorced, we are ‘consciously uncoupling,’ but we will still spend holidays together and share custody of the fake horse and robot skeleton, both of whom we love very much,” Ferguson – who will most likely be spending his time with wife Megan and 3-year-old son Liam – said in a statement. David Letterman, 66, whose The Late Show airs before Ferguson’s, told his audience on April 3 that he’s retiring after three decades on late night. Stephen Colbert of Comedy Central’s The Colbert Report will take over.