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,

The news anchor said she and her co-host had been speaking about her impending retirement for "years" before the big announcement.

Hoda Kotb is quitting the Today show, and she’s now addressed the reason that pushed her to make the decision. In a new interview with PEOPLE, Kotb confirmed that it was wanting to be with her children more that she chose to leave the morning news show.