Tags: News Corp. Appoints James Murdoch Deputy Operating Chief

News Corp. Appoints James Murdoch Deputy Operating Chief

Wednesday, 30 Mar 2011 10:56 AM

News Corp. named James Murdoch deputy chief operating officer, bringing him to New York from London and handing him more responsibilities under his father, Chairman and Chief Executive Officer Rupert Murdoch.

James Murdoch, 38, will also become Chairman and CEO of the international unit, according to an e-mailed statement from the company today. In the newly created role, James Murdoch will develop strategy and build new franchises, continuing to report to COO Chase Carey.

The appointment may strengthen the younger Murdoch’s position as the leading contender to succeed his father, who is 80, at the helm of News Corp. James Murdoch has worked at the company for 15 years and run many pieces of the business, including a group that accounts for about 20 percent of the company’s revenue.

News Corp. rose 15 cents to $17.41 at 10:02 a.m. New York time in Nasdaq Stock Market trading. The stock had climbed 19 percent this year before today.

© Copyright 2017 Bloomberg News. All rights reserved.

1Like our page
2Share
Companies
News Corp. named James Murdoch deputy chief operating officer, bringing him to New York from London and handing him more responsibilities under his father, Chairman and Chief Executive Officer Rupert Murdoch. James Murdoch, 38, will also become Chairman and CEO of the...
News Corp. Appoints James Murdoch Deputy Operating Chief
157
2011-56-30
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved