A replacement has been named for Rupert Murdoch as chairman of Times Newspapers Holdings Ltd., the British subsidiary of News Corp. that publishes The Times and The Sunday Times, Deadline.com reports.
Taking over from Murdoch will be News Corp. Director Andrew Knight, with Murdoch stepping down as part of the proposed split of News Corp. into separate entertainment and publishing companies.
“Knight, who was once chairman of News Corp.’s U.K. press subsidiary, News International, has sat on the News Corp. board since 1991,” the story reports. “He was also chairman of the Compensation Committee and a member of the Audit Committee of the board. He’ll officially resign from the board at the company’s annual meeting on Oct. 16.
Said Murdoch: “His experience and insight as a journalist and as an executive will be a huge asset to The Times and The Sunday Times as they face the challenges and seize the opportunities of the future.”
Also on Knight’s resume are stints as CEO and editor-in-chief of the Daily Telegraph and editor of The Economist, the story notes.