Elisabeth Murdoch Withdraws Bid to Join News Corp. Board

NEW YORK: Elisabeth Murdoch has opted not to join the board of News Corporation as had been expected, telling the directors that it would be "inappropriate" to include her nomination at this time. 

A statement from Viet Dinh, the chairman of the nominating and corporate governance committee of the News Corporation Board of Directors, said that Elisabeth Murdoch indicated to the board weeks ago that she didn’t feel it was appropriate to be included in the nomination.

Rupert Murdoch, chairman and CEO, said he expected Elisabeth to join the board following the acquisition of Shine Group earlier this year.

"The independent directors agreed that the previously planned nomination should be delayed," said Dinh.

The statement continued, "Both Elisabeth and the board hope this decision reaffirms that News Corp. aspires to the highest standards of corporate governance and will continue to act in the best interests of all stakeholders, be they shareholders, employees or the billions of consumers whom News Corp. content informs, entertains and sometimes provokes every year."