Rupert Murdoch stepping down as Chair of Fox and News Corp [View all]
Rupert Murdoch is stepping down as chair of Fox and News Corp – ending a seven-decade run as one of the world’s most transformative and controversial media moguls.
In a note to staff first reported in the Murdoch-controlled Wall Street Journal, he wrote: “For my entire professional life, I have been engaged daily with news and ideas, and that will not change. But the time is right for me to take on different roles.”
Murdoch, 92, will become chairman emeritus of the two corporations, the company said in a release.
Lachlan Murdoch, Murdoch’s eldest son, now seems to be his successor. In the note Murdoch called Lachlan a “passionate, principled leader” who can take the companies into the future.
(More at link):
https://www.theguardian.com/media/2023/sep/21/rupert-murdoch-stepping-down-chair-fox-news-corp
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