Tag Archive: Rupert Murdoch is stepping down as CEO of 21st Century Fox

on June 11, 2015 in World News

Rupert Murdoch is stepping down as CEO of 21st Century Fox

by Hazel Sheffield Rupert Murdoch is stepping down as CEO of 21st Century Fox, according to reports Rupert Murdoch is stepping down as CEO of 21st Century Fox, CNBC are reporting. The 84-year old CEO and controlling shareholder of the media conglomerate will hand the title to his son James, CNBC said, citing sources close to the Murdoch family. Murdoch is believed to continue in his role as the executive chairman of the company, while is son Lachlan will become executive co-chairman of the company. This would mean James Murdoch will have a primary role running the company, while Lachlan… View Article

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