This Morning's Schofield and News at Ten anchor Etchingham, who co-hosted last spring's royal wedding of Prince William and Kate Middleton, apparently impressed channel bosses by their partnership.
© WENN
© WENN
"They may not have won the ratings that day, but Julie and Phillip got critical acclaim for their unstuffy coverage," a source told the Daily Mail.
"They had a more upbeat tone than some of the other networks, slightly less funereal. Julie is a terrific broadcaster and we think she and Phillip will be a great combination."
Schofield had previously admitted that he was "nervous" about presenting the event.
Watch ITV's montage of the 2011 royal wedding below:
