Rupert Murdoch set to step down as Fox CEO

GMT 14:16 2015 Thursday ,11 June

Arab Today, arab today Rupert Murdoch set to step down as Fox CEO

Rupert Murdoch
New York - Arab Today

Rupert Murdoch is preparing to step down as chief executive of the media-entertainment conglomerate 21st Century Fox and hand the job to his son James, CNBC television reported Thursday.

The report, citing "numerous sources close to the Murdoch family," said the 84-year-old tycoon would remain executive chairman of the group with his other son Lachlan as co-chairman in the move this year or in early 2016.

 

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