In the wake of Van Susteren’s departure, which Fox News announced on Tuesday, senior political analyst Brit Hume will take over as host of On the Record, which the former has helmed since its inception in 2002.
“We are grateful for Greta’s many contributions over the years and wish her continued success,” the network’s co-presidents Jack Abernethy and Bill Shine said in a statement.
No specific reason has been given for Van Susteren’s departure, but a source close to the situation tells PEOPLE that it stemmed from a financial disagreement.
The 62-year-old hasn’t commented directly on the situation but did respond on Tuesday to some messages of support via Twitter.
Writing to Geraldo Rivera, she simply tweeted, “Geraldo, I will miss you.”
Van Susteren was a criminal defense and civil trial lawyer before beginning an onscreen career with CNN. She moved to Fox 14 years ago.
A source told PEOPLE the former anchor is expected to receive $20 million.
Van Susteren had defended Ailes against Carlson’s allegations, telling PEOPLE, “If Roger Ailes were how he’s described, there’s no way I would’ve stuck around. I don’t feel like putting up with that stuff and I wouldn’t.”
•Reporting by EMILY STROHM