Credit: Rick Diamond/Getty Images

Sarah Palin is out at Fox News. Herman Cain is in.

The one-time frontrunner for the Republican nomination for president is joining the No. 1 cable news network as a contributor to provide commentary across FNC’s daytime and primetime programming, as well as on FOX Business, the network announced today. “Cain’s impressive resume makes him a valuable addition to the FOX News and FOX Business lineup,” said Bill Shine’s Fox News’ executive vice president of programming, in a statement. “As a political expert with business savvy, he brings an important voice to the nation’s debates.”

The former CEO of Godfather’s Pizza, Cain rocketed up the presidential polls in 2011, chiefly on the appeal of his “9-9-9” tax plan. “I’m excited about joining the FOX family as a contributor because it is an opportunity to be one more voice for intelligent thinking in America,” Cain said in a statement.

A favorite of the conservative Tea Party wing of the Republican Party, Cain has called for the formation of a third political party since the re-election of Barack Obama last November.

Read more: