Murdoch may step down as CEO of NewsCorp
According toEmily Chang of Bloomberg TV, Rupert Murdoch is considering stepping down as CEO of NewsCorp. If Murdoch were to do so, he would be succeeded by COO Chase Carey and would remain on as the company’s Chairman. Chang says that Murdoch’s performance in answering questions before the British Parliament is the deciding factor as executives are concerned that Murdoch “won’t do well”. The news that Murdoch may step down is now being reported by various outlets includingCNBC....