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rupert murdoch

September 30, 2011

A big revolt by institutional investors against the current New Corporation board is likely, according to a shareholders advisory group, but the Murdoch family is still expected to retain its prominent position at the media conglomerate. 

A big revolt by institutional investors against the current New Corporation board is likely, according to a shareholders advisory group, but the Murdoch family is still expected to retain its prominent position at the media conglomerate.

August 12, 2011

Just 20 or 30 years ago, octogenarian family-business leaders were few and far between. Now, as life expectancy rises, an increasing number of business leaders are in their 80s and demographic trends will ensure this rises further in the future. But does it make good business sense?

Just 20 or 30 years ago, octogenarian family-business leaders were few and far between. Now, as life expectancy rises, an increasing number of business leaders are in their 80s and demographic trends will ensure this rises further in the future. But does it make good business sense?

August 10, 2011

Murdoch family members are unlikely to fill News Corp’s top roles in the future, partly because of Rupert Murdoch’s failure to develop a succession plan, according to a leading family business expert.

Murdoch family members are unlikely to fill News Corp’s top roles in the future, partly because of Rupert Murdoch’s failure to develop a succession plan, according to a leading family business expert.

“A non-family CEO is likely, but the question is when this will happen,” said Professor Randel S Carlock, who is the Berghmans Lhoist chaired professor in entrepreneurial leadership at INSEAD.

“Murdoch in one way is a classic family businessman – he doesn’t have a succession plan in place,” he said.

August 8, 2011

Appointments of family members to boards are often more successful if they happen following a transparent nomination process and are based on a person’s ability, according to one leading family business commentator.

Appointments of family members to boards are often more successful if they happen following a transparent nomination process and are based on a person’s ability, according to one leading family business commentator.

Professor Joachim Schwass from Swiss-based business school IMD said a family member’s success on a company board is dependent on their internal and external credibility, adding that all family board appointments should be assessed based on these factors.

August 8, 2011

Elisabeth Murdoch will not join her father and brothers on News Corporation’s board, following suggestions the Murdoch family were too dominant at the media conglomerate. 

Elisabeth Murdoch will not join her father and brothers on News Corporation’s board, following suggestions the Murdoch family were too dominant at the media conglomerate.

After News Corp purchased Elisabeth’s TV production company Shine Group, known for making dramas such as The Tudors and Ashes to Ashes, in February, her father, Rupert Murdoch, said he expected his daughter would join News Corp’s board once the acquisition was completed.

August 4, 2011

The decision by News Corporation’s independent non-executive directors to hire a law firm to carry out an audit of governance practices is almost a “surrogate for a board evaluation”, according to analyst Jennifer Pendergast, from the US-based Family Business Consulting Group. 

The decision by News Corporation’s independent non-executive directors to hire a law firm to carry out an audit of governance practices is almost a “surrogate for a board evaluation”, according to analyst Jennifer Pendergast, from the US-based Family Business Consulting Group.

In July, the directors took on law firm Debevoise & Plimpton to offer advice on good corporate governance at the media conglomerate, which is dominated by Rupert Murdoch and his family.

February 23, 2011

As expected, Elisabeth Murdoch will join the board of her father’s media empire, following an agreement by News Corporation to purchase Murdoch’s television production company, Shine Group.

As expected, Elisabeth Murdoch will join the board of her father’s media empire, following an agreement by News Corporation to purchase Murdoch’s television production company, Shine Group.

January 17, 2011

Rupert Murdoch, owner of media empire News Corp, is in discussions to acquire the production company owned by his daughter, which some see as an attempt to bring her back into the family-controlled business.

Rupert Murdoch, owner of media empire News Corp, is in discussions to acquire the production company owned by his daughter, which some see as an attempt to bring her back into the family-controlled business.

Reports in the financial press say that the Shine Group, founded by Elisabeth Murdoch, had hired JP Morgan Chase to advise on strategy, including being acquired. Murdoch owns 53% of the company's shares, with Sony holding 20% and British Sky Broadcasting holding 13% stake.

February 14, 2008

James Murdoch could net nearly $20 million in his new post at News Corp.

James Murdoch (pictured) could net nearly $20 million in his new post at News Corp. He will receive a base salary of $3.4 million in his role as head of Asian and European operations and could also earn bonuses of approximately $16 million.

However, he still has some way to go to match his father's wealth. Rupert Murdoch, CEO of News Corp, earns a reported salary of $8.1 million. He also owns 30% of the firm and is worth an estimated $9 billion.

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