India, March 28 -- Peter Alexander announced his exit from the TODAY Show after working for 22 years with the network. This announcement was made through the NBC show's Instagram account on March 28.

"Peter Alexander is leaving NBC News after 22 years at the network, which includes his longtime role as co-host of Saturday TODAY," the statement read.

Peter has two daughters, Ava and Emma, with his spouse, Alison Starling. In the episode aired on March 28, Peter declared his departure from the show and expressed his desire to dedicate more time to his two daughters and "challenge himself with something new."

"I've been away from home more than 80 nights in the last seven months. More than 200 Friday nights away from my family in the last...