NBC announces a new host for "The Celebrity Apprentice."

Arnold Schwarzenegger, In addition to his credentials as an action-movie star, Schwarzenegger is a two-term former governor of California and has long had a range of business holdings, from restaurants to real estate development to sports franchises.

The terminator recently told reporters "I have always been a huge fan of 'The Celebrity Apprentice' and the way it showcases the challenges and triumphs of business and teamwork. I am thrilled to bring my experience to the boardroom and to continue to raise millions for charity. Let's get started!"

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