A slew of celebrities had filled in as Kelly's guest co-hosts throughout the past year, with many being contenders for the top job.
She then increased the anticipation by going to commercial break before bringing Seacrest on stage.
"So happy, so excited", Seacrest said, while hugging Ripa.
Fans will know that Seacrest has quite the extensive background in hosting including all 15 seasons of American Idol and New Year's Rockin' Eve, as well as his own radio show On Air with Ryan Seacrest.
Rippa had previously teased on social media that her new co-star would be unveiled on today's (1 May) show and now it is official. With Seacrest joining Ripa that puts them in direct competition with Kelly. "Live" is based in NY. Entertainment and a daily Los Angeles-based radio show.
According to reports, Seacrest will be hosting Live! from NY four days a week and return to Los Angeles for the remainder of his time.
Kelly Ripa has found her new Live! co-captain - after almost a year of flying solo, she's landed on Ryan Seacrest as her new partner in crime, according to CNN.
North Korea celebrates 'Day of the Sun' with defiant show of might
The communist country has been regularly conducting nuclear and missile tests defying United Nations' resolutions and sanctions. Chinese Foreign Minister Wang Yi said Friday "everybody will end up as a loser" if a war breaks out on the Korean Peninsula.
As Radar has reported, former NBC star Tamron Hall was urged to join Ripa as her Live! co-host. Strahan told her about it barely half an hour before the news leaked in the press.
Some of the most popular co-hosts who appeared multiple times, include Ben Savage, Jimmy Kimmel, Andy Cohen and Anderson Cooper. The ultimate Hollywood multi-tasker has been named Kelly Ripa's new Live co-host on Monday.
Ripa, who had on a pair of patent red pumps, told viewers today that Ryan Seacrest would take over the coveted spot.
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