Rupert Murdoch to Step Down as Chair of Fox and News Corp, Lachlan Murdoch to Assume Role

Rupert Murdoch, the 92-year-old media mogul, is stepping down from his chairmanship roles at Fox and News Corp, with plans to leave his positions during the companies’ annual meetings in November. Despite Murdoch not mentioning retirement, he remains actively engaged and curious about the industry. His son, Lachlan Murdoch, will take over as the sole chair of News Corp and continue as executive chair and CEO of Fox, marking a significant transition in leadership after Rupert Murdoch’s seven decades of building a media empire.

  • Rupert Murdoch is stepping down as chair of Fox and News Corp.
  • He will exit his roles in November during the companies’ annual meetings.
  • Despite stepping down, Murdoch has not announced his retirement and remains actively involved.
  • Lachlan Murdoch will become the sole chair of News Corp and continue as executive chair and CEO of Fox.
  • Rupert Murdoch’s media empire spans seven decades, including influential and controversial global media outlets.
  • Rupert Murdoch remains a major shareholder in both Fox and News Corp.
  • The transition reflects ongoing changes within the Murdoch media empire, with the potential for more shifts in the future.

The Wall Street Journal is an American business and economic-focused international daily newspaper based in New York City. The Journal is published six days a week by Dow Jones & Company, a division of News Corp.

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