Rupert Murdoch has stepped down as the chairman of Fox Corp and News Corp , ending a more than seven-decade career during which he created a media empire spanning from Australia to the United States.
, ending a more than seven-decade career during which he created a media empire spanning from Australia to the United States.
His son, Lachlan Murdoch, will become the sole chairman of News Corp and continue as the chair and CEO of Fox, the companies said on Thursday. The news comes just months after Murdoch, 92, scrapped a plan that would have reunited his media empire by merging Fox and News Corp. Murdoch, who has near-controlling stakes in both the companies, will be appointed chairman emeritus of both the companies.Our Standards:
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Rupert Murdoch Steps Down as Fox and News Corp. Chairman, Son Lachlan Now Chairman of BothRupert Murdoch is stepping down as Fox and New Corp chairman, the companies announced today. His son, Lachlan, will take over the role at each company as Rupert moves into a chairman emeritus role.…
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Rupert Murdoch announces transition to new role of Chairman Emeritus of Fox Corporation and News Corp.Media mogul Rupert Murdoch is transitioning from his roles as Chair of Fox Corporation and Executive Chairman of News Corp, he announced on Thursday.
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Rupert Murdoch Stepping Down as Chairman of Fox and News Corp.His son Lachlan Murdoch will continue to lead his media empire.
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Rupert Murdoch Finally Stepping Down From Fox and News Corp“The time is right for me to take on different roles,” Murdoch wrote in a memo to all staff.
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