SHARE

Rupert Murdoch To Step Down As Fox CEO, Hand Over Company Control To Son

WESTCHESTER COUNTY, N.Y. -- Rupert Murdoch, the CEO of 21st Century Fox, will reportedly step down from his position and hand the company off to his son, James, according to multiple reports.

Rupert Murdoch will reportedly step down as the CEO of 21st Century Fox.

Rupert Murdoch will reportedly step down as the CEO of 21st Century Fox.

Photo Credit: Wikimedia Commons

The 84-year-old controlling shareholder will leave his position either at the end of this year or in early 2016, CNBC said. 

The move comes along with the announcement of a large reorganization within the company that will also see COO Chase Carey leave his current position and assume a new, undefined role, CNBC reported. 

Click here to read the full article

to follow Daily Voice Greenburgh and receive free news updates.

SCROLL TO NEXT ARTICLE