Fox News Installs Its New Leadership Team

Jack Abernethy and Bill Shine are co-presidents.

In the wake of a sexual harassment scandal that brought down former Fox News chairman and CEO Roger Ailes, 21st Century Fox executive chairman Rupert Murdoch announced new network leadership. Fox Television Stations CEO Jack Abernethy and senior executive vice president Bill Shine become co-presidents, reporting to Murdoch, who took over after Ailes resigned in late July. Murdoch will remain as executive chairman of FNC.

Abernethy will retain his role at Fox Television Stations as he splits Fox News duties with Shine. Shine will handle the programming and news sides with Abernethy taking on the business side components including advertising and distribution.

“Jack was integral to the launch and success of FOX News nearly 20 years ago and we’re delighted he’s returning to take on this additional role,” said Murdoch in a statement.

Of Shine, Murdoch said he “has developed and produced a signature primetime that has dominated the cable news landscape for 14 of his 20 years with FOX News. His leadership and keen eye for programming has played a fundamental role in the success of both FOX News and FOX Business Network.”

In other leadership news, Suzanne Scott has been upped to executive vice president of programming and development, responsible for overseeing FNC opinion shows in both daytime and primetime and work on developing new programs. She’ll continue reporting to Shine.

Jay Wallace remains in his role as evp of news editorial.

Meanwhile, chief financial officer Mark Kranz is retiring. He had been at Fox since 1997.

The choice of two Fox stalwarts to lead FNC is viewed as an attempt to stabilize the network as new allegations continue to come out of harassment as well as misuse of money by Ailes. Earlier this week, Fox host Andrea Tantaros claimed that her reports of harassment by Ailes were brushed over by Shine, which Shine denies.