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News Corporation
today announced that Dow Jones Editor-in-
Chief and Managing Editor of The Wall Street Journal Robert
Thomson will become the CEO of the new proposed publishing
entity, following the Company's intended separation into two independent, publicly traded companies.
In keeping with the company's 60-year heritage of bringing news
to the world, the publishing entity will retain the name News
Corporation. The media and entertainment company, which began
in earnest when Chairman and CEO Rupert Murdoch acquired 20th
Century Fox and launched the Fox Network more than 25 years ago,
will be named Fox Group.
As previously announced, Rupert Murdoch will serve as Chairman
of the new News Corporation and Chairman and CEO of Fox Group.
Chase Carey will serve as President and Chief Operating Officer
of Fox Group, with James Murdoch continuing in his capacity as
Deputy Chief Operating Officer. Under their collective
leadership, Fox Group will continue to strengthen its creative
content businesses and distribution assets, including enhancing
its sports portfolio through key investments in Asia, Europe and
Latin America.
Robert Thomson, who has served as Editor-in-Chief of Dow Jones
and Managing Editor of The Wall Street Journal since 2008, will
begin his work as incoming CEO to the publishing company on
January 1, 2013.
Mr. Murdoch and Mr. Thomson are pleased to announce the
following key executives joining the publishing Company:
• Bedi Ajay Singh, who most recently served as President,
Finance and Administration & CFO for MGM Studios, will assume
the role of Chief Financial Officer. Previously, Mr. Singh
served as CFO at Gemstar-TV Guide, Novartis Pharmaceuticals and
SONY Pictures Entertainment. Prior to 2000, he held a number of
positions at News Corporation, including senior finance roles at
News International and 20th Century Fox. Mr. Singh is a
Fellow of the UK Institute of Chartered Accountants and started
his business career with Arthur Andersen in London.
• Paul Cheesbrough, currently News Corporation's Chief
Technology Officer, will serve in the same capacity for the new
publishing company. Mr. Cheesbrough was previously the Chief
Information Officer at News International, where he was
responsible for the organization's technology strategy, delivery, transformation programs and digital products. Before
joining News International, Mr. Cheesbrough served as Chief
Information Officer at the Telegraph Media Group, and prior to
that was Controller of Digital Media for the BBC.
• Keisha Smith will serve as director of Human Relations.
She previously served in various management roles at Morgan
Stanley, most recently as the Global Head of Recruiting and
Chief Diversity Officer for the Firm. Prior to Morgan Stanley,
Ms. Smith worked at the Financial Times where she led the
staffing initiative for the launch of the FT.com venture.
In addition, Gerson Zweifach, currently General Counsel of News
Corporation, will serve in a dual role as both General Counsel
of Fox Group, and, for a period of one year following the
separation, also of the new News Corporation.
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Posted In: NewsManagement
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