Skip to content
Subscriber Only

Lachlan Murdoch to Be New Fox CEO After Proposed Disney Deal

  • Fox’s finance chief, John Nallen, to become head of operations
  • Disney agreed to acquire $52 billion in entertainment assets
Updated on

21st Century Fox Inc.’s Lachlan Murdoch, the eldest son of media magnate Rupert Murdoch, plans to take the helm of the remaining business following a proposed deal to sell most of its entertainment assets to Walt Disney Co.

The executive will assume both the CEO and chairman jobs at the company, which is being referred to as New Fox. Rupert Murdoch will become co-chairman, alongside his son. John Nallen, currently Fox’s chief financial officer, will take on the expanded role of chief operating officer.