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Rupert Murdoch is stepping down as chair of Fox Corp. and News Corp and handing the reins to son Lachlan

Por: MarketWatch Business September 21, 2023

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The move is set to take effect at November annual meetings, the companies said in a joint release. Murdoch’s eldest son, Lachlan, will become sole chair of News Corp , where he had shared that role with his father, and continue as Fox Corp. executive chair and CEO. “For my entire professional life, I have been engaged daily with news and ideas, and that will not change,” Murdoch wrote. “But the time is right for me to take on different... + full article



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