I'll Be Back As New Host of Celebrity Apprentice: Arnold Schwarzenegger

Arnold Schwarzenegger is taking Donald Trump's place as the boss on "Celebrity Apprentice."

According to NBC, Arnold's new gig on Monday morning, and says he'll start calling the shots on the show during the 2016-17 TV season.  

It's a pretty brilliant hire that checks off several boxes -- A-list celebrity, huge success in his chosen profession, already has a catchphrase ("Hasta la vista"), and don't forget ... he's an immigrant. As we first reported, NBC was considering hiring a minority for the role -- not that Austrian exactly fits that bill.

Also interesting ... they got a former politician to replace the guy who left to run for office.

Other people in the running reportedly included Magic Johnson, George Lopez, and Richard Branson.