Rupert Murdoch to Step Down as CEO of 21st Century Fox
His son, James Murdoch, will take over.
Rupert Murdoch is nearing the end of his run as CEO of 21st Century Fox. According to CNBC’s “numerous sources close to the Murdoch family,” Murdoch will step down as CEO and allow his son, James Murdoch, to take over. Rupert is expected to stay on as executive chairman.
James will work with Rupert’s other son, Lachlan Murdoch, in guiding the company. You might remember James from the phone hacking scandal, but apparently everyone is cool with him now because, you know, money.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in