While her new business venture is still "down the road," Kotb tells PEOPLE she's "excited about exploring and seeing what's out there" After 38 years of chasing stories and reporting behind a desk, Hoda Kotb is turning the page on journalism as she looks towards a new chapter in her life.

Hoda Kotb may be leaving the Today show, but she assured fans that she won’t be stepping out of the spotlight by announcing her new project. "I have something that I am super excited about that's in its infancy,

After announcing her departure from 'Today,' the renowned journalist is sharing what her next steps look like.