Chase Carey has been named deputy chairman, president and chief operating officer of News Corp., confirming days of speculation that he was in talks to join the company.
Carey, head of DirecTV since 2003, starts his new job July 1 and will report to News Corp. chairman Rupert Murdoch. He replaces outgoing president-COO Peter Chernin.
“Chase has been one of my closest advisors and friends for years and I am delighted we’ll once again be working together across our businesses as we face the challenges and great opportunities ahead,” Murdoch said.
Carey spent 15 years at News Corp. before jumping to DirecTV. His tenure was marked by a focus on television, including the dramatic expansion of the company’s station holdings, the rise of its cable group and the launch of Fox Sports.
Variety notes that Carey will be based in New York, giving west coast executives such as new Fox Broadcasting Chairman Peter Rice some “breathing room.”