Fox News Restructures After Ailes’ Departure: Two Co-Presidents Named

Aug 12, 2016  •  Post A Comment

Fox News is reconfiguring its top management following Roger Ailes’ exit, with Rupert Murdoch naming veteran Fox executives Jack Abernethy and Bill Shine as co-presidents.

The move comes after longtime Fox News chief Ailes’ fall from grace amid sexual harassment allegations.

Both Abernethy and Shine were a part of Fox News when it launched in 1996.

“Shine, who had been one of Ailes’ top deputies, will run the editorial operations for Fox News and its sister Fox Business Network,” the AP reports. “Abernethy had left the news channel to run Fox’s stable of 28 local stations and he’ll keep that job, while overseeing the business operations of the two networks. Both will report to Murdoch, who will continue to oversee things as executive chairman.”

The report adds: “Fox also announced Friday that its chief financial officer, Mark Kranz, will retire. Faced with a drumbeat of publicity about the treatment of women at Fox, Murdoch announced the promotion of Suzanne Scott to be the executive in charge of Fox News’ daytime and prime-time programming.”

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