Rupert Murdoch introduces Secretary of State Mike Pompeo in the course of the Herman Kahn Award Gala, in New York, Oct. 30, 2018
Mary Altaffer | AP
Rupert Murdoch is stepping down as chairman of the board of each Fox Corp. and Information Corp., the corporate stated on Thursday.
The transfer can be official in November. Murdoch, 92, can be appointed chairman emeritus of every firm. Lachlan Murdoch, one among his sons, will grow to be sole chairman of Information Corp and can proceed as Fox Corp.’s government chair and CEO.
“Our firms are in sturdy well being, as am I,” the elder Murdoch stated in a observe to staff. “We now have each cause to be optimistic concerning the coming years – I actually am, and plan to be right here to take part in them. However the battle for the liberty of speech and, finally, the liberty of thought, has by no means been extra intense.”
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