In an effort to shore up the ramparts at the trembling News Corp empire, Chase Carey, the conglomerate's deputy chairman and president and COO, may be appointed to succeed Rupert Murdoch as CEO. This according to Bloomberg Financial News, which quotes "people with knowledge of the situation" that independent directors, frustrated by the lack of information about the phone-tapping scandal, are pressuring the board to make the change. Carey has been a lifelong News Corp. employee, starting at Fox in 1988, where he served as COO of Fox Inc. and CEO of Fox Broadcasting; he later served as CEO of DirecTV, which News Corp once controlled. During his tenure at Fox he helped launch Fox Sports and FoxNews. Read more at HuffPost Media.
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