SHARE

Rupert Murdoch To Step Down As 21st Century Fox CEO

FAIRFIELD COUNTY, Conn. -- Rupert Murdoch, the CEO of 21st Century Fox, will reportedly step down from his position and hand the company off to his son, James, according to multiple reports.

The 84-year-old controlling shareholder will leave his position either at the end of this year or in early 2016, CNBC said. 

The move comes along with the announcement of a large reorganization within the company that will also see COO Chase Carey leave his current position and assume a new, undefined role, CNBC reported. 

Click here to read the full article

to follow Daily Voice Wilton and receive free news updates.

SCROLL TO NEXT ARTICLE