People/Biz

Rupert Murdoch stepping down at 21st Century Fox: reports

The 84-year-old chief executive of Fox is planning on stepping down and handing the post to his son, James, according to multiple reports.
June 12, 2015

21st Century Fox chief executive officer Rupert Murdoch is planning on stepping down from the post and handing the title to his son James, according to multiple U.S. news reports.

According to CNBC, an announcement regarding the succession plan is expected in the near future, but the exact timetable of the change-over is not yet known. Lachlan, another of Murdoch’s sons, is expected to be named a co-executive chairman of the company, while the 84-year-old patriarch will remain as Fox executive chairman.

The management restructuring will also, according to reports, see chief operating officer Chase Carey step down to take on an advisory role.

At press time, Fox had not officially confirmed the reports.

Elisabeth Murdoch, sister to James and Lachlan, resigned from her post as Shine Group chairman in September of last year.

About The Author
Daniele Alcinii is a news reporter at realscreen, the leading international publisher of non-fiction film and television industry news and content. He joins the rs team with journalism experience following a stint out west with Sun Media in Edmonton's Capital Region, and communications work in Melbourne, Australia and Toronto. You can follow him on Twitter at @danielealcinii.

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