Rancic will anchor and serve as managing editor of E! News for the next three years, and host red carpet events. She will also continue to co-host "Fashion Police," and E! will have the first-look rights to her ideas for series, specials and other broadcast projects, both scripted and non-scripted.
Rancic shares the managing editor title with Ryan Seacrest, who re-upped with E! last month. She also stars on Style's "Giuliana & BIll," which chronicles her life with "Apprentice" winner Bill Rancic.
The couple recently announced that they were expecting their first child after the Style series followed their struggles to conceive. Rancic learned she had breast cancer last year while she was preparing to undergo fertility treatments. But they said on "Today" last month that they are having the child with the help of a gestational carrier.
"Our viewers feel a special connection to Giuliana since in many ways she’s grown up on our air over the past decade," said E! President Suzanne Kolb. "Giuliana's on-air charm, charismatic personality and outstanding professionalism have made her one of TV's most recognized hosts, and her work has helped propel E! News to new heights. She possesses a deep passion about pop culture that keeps her constantly in the know and up to date on the same topics that fascinate our viewers."
Giuliana joined E! in 2002 as a correspondent for E! News, and she has been anchor and managing editor for the show since January 2005.
