Richard S. Salant for nine years and would become the president of the CBS News Division when Stanton appointed him in February of 1961. Salant was president of CBS News from 1961 to 1964 and from 1966 to 1979. The "New York Times" credits him with raising professional standards and expanding news programming at CBS. During his tenure, CBS was the first network to expand its week-night news report to 30 minutes. Under his leadership, CBS also introduced "60 Minutes" and the "CBS Morning News" and "Sunday Morning" programs. Salant's first major decision was to replace Douglas Edwards with Walter Cronkite. At this
Walter Cronkite correspondents, relieving Bill Downs as the head of the Moscow bureau. CBS offered Cronkite $125 ($2,189 in 2018 money) a week along with "commercial fees" amounting to $25 ($438 in 2018) for almost every time Cronkite reported on air. Up to that point, he had been making $57.50 ($1,006 in 2018) per week at UP, but he had reservations about broadcasting. He initially accepted the offer. When he informed his boss Harrison Salisbury, UP countered with a raise of $17.50 ($306 in 2018) per week; Hugh Baillie also offered him an extra $20 ($350 in 2018) per week to stay.