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Image: Reuters
The appointment of Fallon, long considered a leading contender for NBC's 12:35 a.m. time slot, completes a talent shuffle set in motion when the General Electric Co-owned network announced in 2004 that Leno would retire from Tonight in 2009 and that O'Brien would replace him.
"It's going to be a grind, it's going to be hard, but I'm going to go at it full force," the boyish-looking Fallon told reporters on a conference call. "The fact that I'm stepping into David Letterman and Conan O'Brien's shoes is very exciting."
Fallon said he also was excited to go back to work for Lorne Michaels, who was his boss as producer of Saturday Night Live and whose company co-produces Late Night. Asked how much his new job would pay, Fallon joked, "I keep asking Lorne and he's telling me not to worry about."
"They're paying me enough," he said. "I just want to live comfortably in Dubai."
Fallon, 33, appeared on SNL for six seasons and was co-host of its "Weekend Update" segment. He left the programme to focus on making feature films, although such efforts as Fever Pitch and Taxi fell flat at box offices.
Like Fallon, O'Brien, 45, cut his comedy-writing teeth on Saturday Night Live before landing the Late Night job, but he had far less on-screen time than Fallon.
Leno, 58, is said to be privately unhappy about his planned departure and rival networks are unofficially courting him.
NBC executives say they are still looking at various options for keeping Leno in the network fold, including a possible move to prime-time television.
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