Source:
Politico
| September 21, 2023 | Matt Berg
Rupert Murdoch to step down as chair from Fox and News Corp. boards, hand reins to son
“I am truly proud of what we have achieved,” Murdoch wrote.
Fox News executive chair Rupert Murdoch will transition from his role overseeing from the company’s boards, he announced Thursday morning.
Lachlan Murdoch, Rupert’s eldest son, will serve as the sole executive at the helm of the media empire, he wrote in a note to the company’s staff. The 92-year-old businessman will stay on as chair emeritus at Fox and News, he said.
Murdoch will make the official transition in November.
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Rupert Murdoch to step down as chair from Fox and News Corp. boards, hand reins to son https://t.co/LLo66vTbL1
— POLITICO (@politico) September 21, 2023
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