The 56-year-old television host and her 50-year-old financier love got engaged on a beach in East Hampton, N.Y, where he proposed with a diamond ring at sunset!
John and Katie first went public with their relationship back in April of 2012.
Katie was previously married to Jay Monahan, who passed away in 1998 after battling colon cancer. She has two children from the marriage, Ellie, 21, and Carrie, 17.
Congratulations to the very happy couple on the wonderful engagement news!