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Faces & Names: Shepherd, McCarthy exiting ‘The View’

Sherri Shepherd left “The View” after declining ABC’s final offer in contract negotiations, but the network decided not to pursue another season with Jenny McCarthy, according to an individual familiar with the situation.

Two sources say Shepherd was in negotiations to return to the show, but decided not to accept the network’s terms. After Shepherd announced her exit Thursday, McCarthy intimated on Twitter that she was quitting in solidarity. In fact, ABC had already opted not to renew her contract for another season, one of the sources said.

“The View” is on a break until July 7, but both panelists are expected to be at the table when that episode airs — and to stay with the show through the remainder of the season, which ends in early August. “The View” will return Sept. 15 with only Whoopi Goldberg remaining.

Barbara Walters, who just retired from the show, is not expected to return to smooth the transition. She will occasionally appear, as she did on Friday’s episode, which was taped Wednesday.