Skip to content
Subscriber Only

Murdoch Son Also Rising as Shareholders Focus on CEO Succession

News Corp. Chairman and Chief Executive Officer Rupert Murdoch was stepping onto an elevator at the Allen & Co. media gathering in Sun Valley, Idaho, last year, when he was asked about a $1.1 million settlement his company had just paid. The money went to resolve a claim that reporters at a News Corp. newspaper in London had illegally listened to the voicemail messages of a British sports official.

He hadn’t heard of any such settlement, Murdoch said.