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Rupert Murdoch "resigns"
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Old 21-09-2023, 16:14   #1
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Rupert Murdoch "resigns"

Rupert Murdoch, 92, resigns as CEO and Chairman of News Corp and Fox, being succeeded by his son, Lachlan. Rupert Murdoch will become Emeritus Chairman.

https://www.bbc.co.uk/news/live/business-66881282



The irony of someone who inherited businesses from his father, is passing them on to his son Lachlan, and who owns Fox, News Corp (Times, Sunday Times, Sun), Dow Jones, the Wall Street Journal, whose daughter Prue is a Times Newspaper board member, his other daughter Elisabeth made her money by the company she set up being bought by News Corporation, whose son Lachlan (now Chairman) who has only ever worked for his father’s companies (he became a General Manager at 22, Deputy CEO at 24), and his son James became the CEO of BSkyB (a Murdoch company) at 33, lecturing people about "elites", is off the scale…

To quote Stonekettle on another subject

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Old 21-09-2023, 22:38   #2
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Re: Rupert Murdoch "resigns"

At 92 he should resign, and enjoy is spare time.
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Old 22-09-2023, 17:16   #3
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Re: Rupert Murdoch "resigns"

Quote:
Originally Posted by Hugh View Post
Rupert Murdoch, 92, resigns as CEO and Chairman of News Corp and Fox, being succeeded by his son, Lachlan. Rupert Murdoch will become Emeritus Chairman.

https://www.bbc.co.uk/news/live/business-66881282



The irony of someone who inherited businesses from his father, is passing them on to his son Lachlan, and who owns Fox, News Corp (Times, Sunday Times, Sun), Dow Jones, the Wall Street Journal, whose daughter Prue is a Times Newspaper board member, his other daughter Elisabeth made her money by the company she set up being bought by News Corporation, whose son Lachlan (now Chairman) who has only ever worked for his father’s companies (he became a General Manager at 22, Deputy CEO at 24), and his son James became the CEO of BSkyB (a Murdoch company) at 33, lecturing people about "elites", is off the scale…

To quote Stonekettle on another subject
It's pure nepotism. Out of all the available people you can't tell me that these people happened to be the best person for the job.
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Old 22-09-2023, 18:33   #4
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Re: Rupert Murdoch "resigns"

Murdock is a good example of the malign influence Billionaires have on our society
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Old 22-09-2023, 19:11   #5
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Re: Rupert Murdoch "resigns"

Quote:
Originally Posted by Hugh View Post
Rupert Murdoch, 92, resigns as CEO and Chairman of News Corp and Fox, being succeeded by his son, Lachlan. Rupert Murdoch will become Emeritus Chairman.
Don't think I'm fooled by this, his cold dead hand it still on the tiller, driving all the important decisions
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Old 23-09-2023, 01:46   #6
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Quote:
Originally Posted by Paul
At 92 he should resign, and enjoy is spare time.
Yes I hope he has alot of time left
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