RD Recap: Roger Ailes Is Out; NY Post Loses Its Managing Editor

And there it is: Roger Ailes is out as chairman and CEO of Fox News Channel and Fox Business Network and chairman of Fox Television Stations. Rupert Murdoch takes over as chairman and acting CEO and will be assisted by Bill Shine, Jay Wallace and Mark Kranz. “We join our father in recognizing Roger’s remarkable contributions to our company,” said 21st Century Fox executive chairman Lachlan Murdoch and CEO James Murdoch. “Our talented Fox News and Fox Business colleagues, up and down the organization and on both sides of the camera, have built something that continues to redefine the cable news experience for millions of viewers.