Relief at the head of the media conglomerate Fox and News Corp. As announced by the group itself, the tycoon Rupert Murdoch steps aside and cedes the executive presidency to his son Lachlan. The relay will be effective in mid-November.
The statement that makes official the succession of Rupert Murdoch, who at 92 years old will occupy the emeritus presidency in the companies of the corporation, thanks "the vision, the pioneering spirit, the firm determination and the lasting legacy" of the founder. He also collects a few words from his son Lachlan, who congratulates him on a "remarkable career" of seven decades in the media sector.
In a letter addressed to all employees of the group, Rupert Murdoch assures that the companies are in "good health, as are me". The tycoon conveys to them a positive view of expectations." Our opportunities far outweigh our business challenges," he says.
"We have every reason to be optimistic about the coming years; I certainly am and I plan to be here to participate in them. But the battle for freedom of expression and, ultimately, freedom of thought, has never been more intense, "he says in this text released after the announcement of farewell to the executive presidency.