– Rupert Murdoch resigns as Chairman of Fox Corporation
– Lachlan Murdoch steps into role as Chairman and CEO
– Rupert Murdoch continues as co-chairman of News Corporation and executive chairman of 21st Century Fox
In a significant shift in the media industry, Rupert Murdoch has resigned from his position as Chairman of the Fox Corporation. His son, Lachlan Murdoch, will replace him as Chairman and CEO of the company. Despite stepping down from his role at Fox, Murdoch will continue in his positions as co-chairman of News Corporation and executive chairman of 21st Century Fox.