Belfast Telegraph

UK Website Of The Year

Home News World

Rupert Murdoch 'to quit as Fox CEO'

Published 11/06/2015

Reports say Rupert Murdoch will step down as chief executive of 21st Century Fox
Reports say Rupert Murdoch will step down as chief executive of 21st Century Fox

Rupert Murdoch is preparing to hand over the CEO job at 21st Century Fox to his son James, according to multiple media reports.

James Murdoch, 42, is the company's co-chief operating officer. His brother Lachlan, 43, currently non-executive co-chairman at Fox, will become executive co-chairman along with his father, according to the reports.

Fox News reported the pending move in a story attributed to Rupert Murdoch on its website.

Rupert Murdoch, 84, one of the world's most powerful media barons, is also the chairman and controlling shareholder of the company behind Fox News Channel, Fox broadcast network and the 20th Century Fox movie studio, through a family trust that owns shares.

Mr Murdoch's company started with a single newspaper in his native Australia. He grew it across many media platforms in the UK, the US, Germany, Italy and India.

He is also the executive chairman at News Corp, the company that now contains The Wall Street Journal and New York Post newspapers and book publisher HarperCollins.

Your Comments

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting?

Read More

From Belfast Telegraph