News

Lachlan Murdoch tipped for return to News Limited

Lachlan Murdoch is set to become chairman of News Limited, The Australian’s media columnist Mark Day has predicted.

According to Day, a long serving News Journalist usually well informed on the company’s workings, the decision for Rupert Murdoch to become chairman of the company when John Hartigan stepped down was a temporary one.

Since Hartigan’s departure as CEO and chairman, Kim Williams has taken on the chief executive role.

According to Day: “When Williams was appointed chief executive, Rupert took the chairmanship of News Limited, leading to speculation he was about to take a greater interest in Australian affairs. I do not believe this is so. He is merely keeping the seat warm for Lachlan.”

Lachlan Murdoch owns half of DMG Radio and a stake in Ten, where he was acting CEO until the beginning of the year.

Day adds: “The expected return of Lachlan Murdoch raises some eyebrows among Williams watchers. They say Williams would not be comfortable with someone looking over his shoulder, but there is little doubt that Williams took the job knowing what was planned. It is said Lachlan was the architect of Williams’s appointment.”

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