James Murdoch Upped at News Corp.

NEW YORK: James Murdoch has been elevated to deputy COO and chairman and CEO of international at News Corporation, a role that sees him relocating to New York.

In this new post, Murdoch—formerly chairman and CEO for Europe and Asia—will work across News Corporation’s broad asset portfolio, collaborating with senior leaders to develop and execute strategies and plans that strengthen and further evolve businesses, extend brands, and build new franchises. He will maintain direct responsibility for the operations in Europe and Asia. In the new role, he continues to report to Chase Carey, deputy chairman, president and COO, and work closely with Rupert Murdoch, chairman and CEO.

“James has demonstrated in an array of roles that he is a shrewd and decisive operator who can deftly navigate complex issues to transform businesses. He has equally shown a unique understanding of the emerging technologies and the digital forces that are reshaping our industry,” said Carey. “As we become increasingly global and consumer focused, we believe there are real opportunities to add new dimensions to our core businesses. We are confident that James’ deep knowledge of international markets, his proven leadership, and his passionate focus on building consumer relationships make him the ideal person to help us realize these opportunities across all our companies.”

“Around the world, the company’s operations are increasingly fit and focused on priorities that can over time produce very significant returns,” said James Murdoch. “I feel extremely fortunate to continue to support News Corporation’s international growth and also be given the chance to contribute to important initiatives across the company. Most of all, I am delighted to work even more closely with Chase Carey, whose extraordinary leadership is felt in every part of the business."