The proposed “new Fox” that will be left after the acquisition of key assets of 21st Century Fox by The Walt Disney Company will have Lachlan Murdoch, the current executive chairman of 21st Century Fox, as its chairman and chief executive officer, with Rupert Murdoch to serve as co-chairman, according to an announcement today from 21st Century Fox.
Additionally, John Nallen, the 21st Century Fox CFO, will take on a broader role as chief operating officer for the reconfigured company.
James Murdoch’s name is conspicuously absent from the announcement. The 21st Century Fox CEO — the brother of Lachlan and son of Rupert — reportedly has his own plans.
The Wall Street Journal reported last week that James Murdoch, who had been mentioned for a possible senior position at Disney, may instead start a venture-capital fund to invest in digital and international media businesses.
Please click here to read the full announcement from 21st Century Fox about how the top executives line up for the new Fox.