sábado, 13 de junho de 2015

Rupert Murdoch prepares family succession in 21st Century Fox

According to the Wall Street Journal, the Australian Tycoon should continue as President of the Board of Directors of this giant of "media", with James Murdoch to take over the Chair of Chief Executive Officer (CEO) and Lechlan Murdoch, 43, to add a small but important detail (Executive) to the current position of co-President of the group.

The Reuters columnist, Jeffrey Goldfarb, ensures that the succession is all the work of still CEO. "As President, will be the Rupert pulling the strings, anyway. Puts the James as Executive Director. The other son, Lachlan, who already is cochair, comes now as Executive Co-President â€" a small, but important change. "

The transition of power in the 20th Century Fox should be confirmed in the next few days, but it's not clear yet whether the changes in the organizational structure of this giant of "media" will have immediate effects or only next year. These decisions should be taken at the next meeting of frames to take place next week.

The succession process should also include the removal of Chase Carey, Chief Operating Officer (COO), something that could shake up the Group's relationship with Wall Street.

The group that integrates the movie studios and television channels namesakes FOX and Sky, among other media, is valued on the stock exchange at 67 billion dollars.

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