On September 21, 2023, News Corporation (the “Company”) announced that Rupert Murdoch is stepping down as Executive Chairman of the Company’s Board of Directors (the “Board”), effective as of the upcoming annual meeting of stockholders (the “2023 Annual Meeting”) in mid-November. Mr. Murdoch will be appointed Chairman Emeritus of the Company, effective as of the 2023 Annual Meeting.
Following the 2023 Annual Meeting, Lachlan Murdoch will become the sole Chair of the Board.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Rupert Murdoch changed role as Executive Chairman at NEWS CORP.
Action
stepping down
Role
Executive Chairman
Exact text from the filing
On September 21, 2023, News Corporation (the “Company”) announced that Rupert Murdoch is stepping down as Executive Chairman of the Company’s Board of Directors (the “Board”), effective as of the upcoming annual meeting of stockholders (the “2023 Annual Meeting”) in mid-November. Mr. Murdoch will be appointed Chairman Emeritus of the Company, effective as of the 2023 Annual Meeting.
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