In a major shakeup at Fox’s broadcasting and cable units, Tony Vinciquerra, veteran chairman and CEO of the Fox Networks Group, has said that he will be stepping down from his post effective Feb. 11.
In a note to staffers, Vinciquerra indicated that the time had come “to do something different,” adding that he was leaning toward a more entrepreneurial venture. “I am excited to begin down that path. This is something I’ve thought about for some time and, with our strong competitive position and seasoned team of leaders in place, it is the right time to take the plunge,” Vinciquerra wrote. “At the same time, it is very difficult to transition from the daily interactions I have with so many of you.”
In the wake of the 10-year veteran’s departure, David Haslingden, CEO of Fox’ international channels, will become president and COO of the Fox Networks Group.
News Corp. chief operating officer Chase Carey confirmed the succession, telling employees that the network org chart will be restructured in order to give top executives direct oversight of their respective operations.
“David has done a great job growing our Fox International Channels business into a valuable asset, and we have every confidence he will excel in shaping the future of FNG,” Carey wrote in a separate memo. “He, along with David Hill, chairman and CEO of Fox Sports Media Group; Peter Rice, chairman, Entertainment, FNG; and Mike Hopkins, president of Affiliate Sales and Marketing for Fox Cable, will all report to me going forward.”
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