Murdoch Preparing To Step Down As Fox CEO
June 11, 2015
Rupert Murdoch, the 84-year-old chief executive officer and controlling shareholder of 21st Century Fox, is preparing to step down as CEO of the media giant and hand that title to his son James, according to numerous sources close to the Murdoch family. As part of the management reordering at Fox, its COO, Chase Carey, will step down from that role and take on a yet undefined role as an adviser at the company.
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