Home Store In Memoriam Deborah Newsletter Forum Topics Blogfeed Blogroll Facebook MySpace Contact Us About

Murdoch heir-apparent leaving family business

Reported by Chrish - July 31, 2005

Rupert Murdoch's 33-year old son Lachlan, previously expected to take over News Corp. when his father eventually retires, has decided to leave the company and return with his family to Australia.

The New York Times reports that the senior Murdoch is "particularly saddened" by the turn of events.

One other Murdoch offspring, James, remains involved at News Corp.. James, 32, CEO of British Sky Broadcasting (BSkyB) and Peter Chemin, 51, President and COO of News Corp., are currently seen as the two most likely successors when Rupert retires. The elder Murdoch "plans on staying as chairman as long as he mentally and physically fit to do so."

Post a comment

Remember Me?

We welcome your opinions and viewpoints. Comments must remain civil, on-topic and must not violate any copyright or other laws. We reserve the right to delete any comments we deem inappropriate or non-constructive to the discussion for any reason, and to block any commenter for repeated violations.

Your email address is required to post, but it will not be published on the site.