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21st Century Fox announces board and executive leadership changes

Staff writer | New York, USA – 21st Century Fox announced that it has appointed Lachlan Murdoch as a non | March 26, 2014
21st Century FoxMarch 26, 2014, New York, USA – 21st Century Fox announced that it has appointed Lachlan Murdoch as a non-executive co-chairman and elevated James Murdoch to the position of co-chief operating officer.
Lachlan Murdoch is currently a Director of 21st Century Fox and News Corp, Executive Chairman of NOVA Entertainment Group, Executive Chairman of Illyria Pty Ltd, and a Director of Sydney’s Museum of Contemporary Art. Until recently, he also served as Non-Executive Chairman of Ten Network Holdings.

Prior to founding Illyria in 2005, he was the Deputy Chief Operating Officer of the Company (formerly known as News Corporation) a role in which he was directly responsible for two thirds of the Company’s global revenue with specific emphasis on its U.S. television stations group and publishing assets.

While at the former News Corporation, he had oversight of HarperCollins and the company’s lines of business in Australia, including REA. He also served on the Board of Foxtel and as Chairman of Fox Television Stations and as Publisher of the New York Post. At Fox Television Stations, he oversaw the Company’s 35 owned-and-operated television stations. At the New York Post, he overhauled the tabloid and grew its circulation by more than 40 percent. During his tenure, the Post became the nation’s fastest growing newspaper and the seventh largest in the United States.

James Murdoch serves as a Director of both 21st Century Fox and News Corp. Prior to his current management role, he served as 21st Century Fox’s Deputy Chief Operating Officer and Chairman and CEO, International, and played an integral role in managing the separation of the Company into two distinct companies.

He is a key driver in the Company’s domestic and international channel expansion, from the creation of Sky Deutschland and Sky Italia, serving both as Chairman, to the renewed and continued leadership of Star India, India’s number one entertainment broadcaster.

Prior to his posts at 21st Century Fox, he was BSkyB’s Chief Executive Officer from 2003 to 2007, and its Chairman from 2007 until 2012.

From 2000 to 2003, he was Chairman and Chief Executive Officer of STAR, 21st Century Fox’s Asian satellite television group. He is a non-executive director of Yankee Global Enterprises, and a member of the Board of Trustees of the Harvard Lampoon.

In addition to these appointments, the Company also announced that Peter Rice, Chairman and CEO Fox Networks Group, has agreed to extend his employment agreement.