Seth Meyers to succeed Jimmy Fallon as host of 'Late Night'

Seth Meyers has been tapped to be the host of NBC's "Late Night" after Jimmy Fallon takes over for Jay Leno as host of "The Tonight Show" next year.

The appointment of Meyers, a cast member and head writer on NBC's "Saturday Night Live," had been expected for weeks.

Lorne Michaels, the producer of "Saturday Night Live," will oversee Meyers' show, which airs at about 12:30 a.m., after "The Tonight Show." Michaels also will be executive producer of "The Tonight Show" after it moves to New York with Fallon as host.

"Since 1982, there have been three 'Late Night' hosts starting with David Letterman, and Seth couldn't be in better company," Michaels said in a statement.

NBC has yet to set a date for Leno to step down but it is expected to take place early next year during NBC's coverage of the Winter Olympics.