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Stephen Colbert already named David Letterman's replacement on 'Late Show'

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David Letterman announced his retirement from his "Late Show" just one week ago. The announcement of his replacement soon followed. According to CBS News on April 10, Stephen Colbert has been named as Letterman's replacement for the show that airs weeknights at 11:35 p.m. ET.

Colbert, 49, host, writer and executive producer of "The Colbert Report," will replace Letterman, 66, in 2015. He signed a five-year deal to host the "Late Show" after Letterman retires sometimes in 2015. The exact date is unknown now. It depends on Letterman's schedule for his final episodes. Colbert said in a statement that being a guest on David Letterman's show has been a highlight of his career. Additionally, he said he never dreamed that he would follow in Letterman's footsteps, but he is thrilled and grateful that CBS chose him.

CBS Chairman and CEO Les Moonves said in a statement on Thursday, "Stephen Colbert is one of the most inventive and respected forces on television. David Letterman's legacy and accomplishments are an incredible source of pride for all of us here, and today's announcement speaks to our commitment of upholding what he established for CBS in late night."

So far, there have been positive responses to Colbert being Letterman's replacement. Letterman himself released a statement congratulating Colbert: "Stephen has always been a real friend to me. I'm very excited for him, and I'm flattered that CBS chose him. I also happen to know they wanted another guy with glasses." Colbert joked and said he needed to grind a gap in his front teeth.

Moonves says he wouldn't comment on Colbert's salary, but he told CBS that the new host will be very happy. He did give a bit of information about the format of the show by indicating that Colbert will not portray his Comedy Central character on the "Late Show." CBS also announced that the location for the "Late Show" will be announced at a later date. That means that it might not be located in the Ed Sullivan Theater in New York as its current location.

When Colbert makes his exit from Comedy Center, it will leave a gap in the lineup. Colbert has aired "The Colbert Report" since 2005. "The Colbert Report" has earned two Peabody Awards and 27 Emmy nominations. In 2013, it scored the Emmy for outstanding variety series. "The Colbert Report" took home Emmy wins for outstanding writing for a variety, music or comedy program in 2008, 2010 and 2013.

It is no doubt that Colbert is an excellent choice for Letterman's replacement because of Colbert's background. He has the perfect skills for the hosting position. Before hosting his own show, Colbert rose to fame as a correspondent on Comedy Central's "The Daily Show" as well as making appearances on other well-known shows.

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