James Murdoch is the Next Fox CEO - Business Insider -BoardProspects

James Murdoch is the Next Fox CEO

Business Insider Jun 16 2015 BoardNews

It's official: James Murdoch is the new CEO of 21st Century Fox. The company announced this in a statement on Tuesday afternoon. It was expected, after news broke last week that 84-year-old Rupert Murdoch is stepping down as CEO. He will remain as an executive co-chairman with Lachlan Murdoch, who currently holds that position. “It has always been our priority to ensure stable, long term leadership for the Company, and these appointments achieve that goal," said Rupert Murdoch in the statement...
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Quotes
1. It has always been our priority to ensure stable, long term leadership for the Company, and these appointments achieve that goal.
2. I am grateful to Rupert for giving me the opportunity of a lifetime and truly believe there isn't a Company out there that's more exciting, with more growth potential, than 21st Century Fox. I look forward to continuing to work with Rupert to support Lachlan and James in their new positions.
Topics Mentioned
Authors
- Akin Oyedele