Laverne Cox replaces Giuliana Rancic after her exit from E! red carpet coverage

The actress will take over for Giuliana Rancic on E!'s red carpet show, "Live from E!"

"Laverne Cox is a risk-taker, groundbreaking pioneer and a fashion tour de force," NBCUniversal’s Jen Neal said in a statement. "As we continue to evolve the way we cover Hollywood’s biggest nights, Laverne’s passion for, and extensive knowledge of, the fashion community resonates with our audience and we look forward to seeing her shine on the other side of the velvet rope." The "Orange Is the New Black" alum said in a statement of her own, "I’m so excited and deeply humbled to be hosting E!’s iconic red carpet coverage. For many years I would wake up early on awards show days, get my snacks in place and watch E!’s coverage all day long. I dreamed of walking red carpets … I can’t wait to get started while hopefully serving up fashion fantasies for the ages, honey."