NWS News: Rupert Murdoch Is Stepping Down as Chairman at News Corp and Fox - 22nd Sep 2023, 12:07am

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Rupert Murdoch is leaving the role of chairman at News Corp and Fox, and son Lachlan Murdoch will take over that role at both companies. Shares of News Corp (ticker: NWSA) and Fox (FOX) were higher Thursday. Murdoch, 92, said in an email received by staff at Barron’s, which is owned by Dow Jones, a unit of News Corp, that he will become chairman emeritus.

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