Murdoch Says News Corp. Board Backs Him as Chairman, CEO
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Rupert Murdoch said News Corp.’s board wants him to remain as chairman and chief executive officer and that Chief Operating Officer Chase Carey would succeed him if he were unable to do the job.
Murdoch, 80, made the comment on a conference call yesterday after News Corp. released fourth-quarter earnings beating estimates. Some investors have asked the company, owner of the Wall Street Journal and Fox TV, to separate the jobs and make other governance changes following a phone-hacking scandal that led Murdoch to close the News of the World tabloid in July.