New York, NY, June 3, 2009 –
News Corporation Chairman and Chief Executive Officer, Rupert Murdoch today
announced the appointment of Chase Carey to Deputy Chairman, President and
Chief Operating Officer, effective July 1. Reporting to Mr. Murdoch, he will
have oversight of News Corporation’s global operations and will be based in
New York.
Mr. Carey, 55, will join the Board of Directors of News Corporation on July
1 when Peter Chernin steps down as a Director.
The appointment marks a return to News Corporation for Mr. Carey who spent
15 years as a senior executive at the Company before becoming Chief
Executive Officer of The DIRECTV Group in 2003.
“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,” said Mr. Murdoch.
Mr. Carey said, “Under Rupert’s leadership, News Corporation has always been
the boldest, most innovative media company in the world. With its leading
franchises, News Corporation’s growth opportunities are second to none and I
am thrilled to be returning at such a transformative time for our businesses
across the globe.
Prior to DIRECTV, Mr. Carey was co-Chief Operating Officer of News
Corporation from 1996 to 2002, as well as co-Chief Operating Officer of the
Fox Entertainment Group from 1998 until 2002. Mr. Carey served on Board of
Directors of News Corporation from 1996 until 2007 and on the Board of the
Fox Entertainment Group from 1992 until 2002.
In his tenure with News Corporation, Mr. Carey played a central role in
managing the operations and strategy of the Company with particular focus on
its worldwide television business that encompasses the FOX network, Fox
Television Stations, Fox’s cable programming group, and News Corp.’s
international satellite operations.
Among key initiatives he led were the launch and growth of Fox Sports, the
expansion of the Fox Television Stations group from seven stations to 35
stations (subsequently reduced to 27), the emergence of Fox cable channels
such as Fox News Channel, FX and the National Geographic Channel, and the
building of satellite platforms in Europe, Asia and Latin America.
Mr. Carey joined Fox in 1988 and served in numerous roles, including
Executive Vice President and Chief Operating Officer of Fox, Inc. and
Chairman and Chief Executive Officer of the Fox Television Group. Mr. Carey
also served as a Director, President and Chief Executive Officer of Sky
Global Networks. Prior to Joining News Corp. he was employed at Columbia
Pictures in senior capacities from 1981 to 1987.
In addition to the Boards of News Corporation and Fox Entertainment Group,
Mr. Carey also served on the boards of NDS, Gemstar-TV Guide, and BSkyB
during his years with the Company.
Mr. Carey is currently a Trustee Emeritus of Colgate University. He is a
graduate of Colgate University and Harvard Business School.
News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) had total assets as of
March 31, 2009 of approximately US$52 billion and total annual revenues of
approximately US$31 billion. News Corporation is a diversified global media
company with operations in eight industry segments: filmed entertainment;
television; cable network programming; direct broadcast satellite
television; magazines and inserts; newspapers and information services; book
publishing; and other. The activities of News Corporation are conducted
principally in the United States, Continental Europe, the United Kingdom,
Australia, Asia and Latin America.
Contact:
Teri Everett 212-852-7070
Jack Horner 212-852-7952