Rupert Murdoch stepping down as chairman from Fox, News Corp.
Rupert Murdoch is stepping down as chair man of Fox Corporation and News Corp., Fox has announced. Rupert Murdoch is stepping down as chair man of Fox Corporation and News Corp., Fox has announced. His son, Lachlan Murdoch, will become the chair of News Corp. and continue as executive chair and chief executive officer of Fox Corporation. "On behalf of the FOX and News Corp boards of directors, leadership teams, and all the shareholders who have benefited from his hard work, I congratulate my father on his remarkable 70-year career," Lachlan Murdoch said in a statement on Thursday. "We thank him for his vision, his pioneering spirit, his steadfast determination, and the enduring legacy he leaves to the companies he founded and countless people he has impacted," the statement added. Rupert Murdoch and Lachlan Murdoch arrive for a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 13, 2018. Bloomberg via Getty Images, ...