James Murdoch steps down
James Murdoch has stepped down as executive chairman of News International, the British arm of News Corp., the company announced Wednesday. Murdoch, who was once seen as the heir apparent to his father Rupert at the head of News Corp., has now lost a key position within the company.
News Corp. cast the move as stemming from James’ recent relocation to New York from London, and Rupert Murdoch said his son would “continue to assume a variety of essential corporate leadership mandates.”
- James Murdoch Done as Head of News International [News Corp] (gawker.com)
- James Murdoch resigns from News International (business.financialpost.com)
Posted on February 29, 2012, in Government Trough and tagged Chairman, James Murdoch, London, new york, News Corporation, News International, Rupert Murdoch, Tom Mockridge. Bookmark the permalink. Leave a comment.