Twenty-First Century Fox Inc said Rupert Murdoch will hand over the chief executive reins at the entertainment conglomerate to his 42-year-old son James.
Rupert Murdoch, 84, will become executive co-chairman alongside his elder son Lachlan.
James is currently the co-chief operating officer of the company.
The company said the new changes are effective July 1.
Twenty-First Century Fox Inc said Rupert Murdoch will hand over the chief executive reins at the entertainment conglomerate to his 42-year-old son James.
Rupert Murdoch, 84, will become executive co-chairman alongside his elder son Lachlan.
James is currently the co-chief operating officer of the company.
The company said the new changes are effective July 1.
© Thomson Reuters 2015
Sign Up with Google
Add us to your Preferences
Set as your preferred source on Google
ADVERTISEMENT
RECOMMENDED FOR YOU
POPULAR
1
ED Flags Rana Kapoor - Anil Ambani ‘Quid Pro Quo’ In Yes Bank Dealings: Sources
2
Stock Market Live: Nifty Above 26,000, Sensex Down Over 200 Points; HDFC Bank, M&M, Bharti Airtel Drag
3
Trade Deficit Narrows In November As Imports Decline; US Export Rise Despite Tariffs
4
Social Media Screening For Visas: What Is Trump Administration Looking For In Applicants' Handles
5