Rupert Murdoch steps down as chairman of Fox, News Corp; Lachlan Murdoch to succeed

Rupert Murdoch is stepping down as chairman of News Corp and Fox, and has named his eldest son Lachlan Murdoch as his successor.

First reported by News Corp-owned Wall Street Journal, Rupert Murdoch announced in a memo to staff that he would depart his role in both companies in November’s annual general meeting.

Rupert and Lachlan Murdoch. Photo: News Corp

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