Murdoch on Deck for Performance of His Life
Board reportedly considering COO Chase Carey as replacement
By Polly Davis Doig, Newser Staff
Posted Jul 19, 2011 7:16 AM CDT
Updated Jul 19, 2011 7:58 AM CDT
News Corp Chief Rupert Murdoch, son James, and Rebekah Brooks.   (Getty Images)

(Newser) – Rupert Murdoch heads to Parliament today for perhaps the most clutch performance of his storied career, as his media empire hangs in the balance. News Corp execs who watched the mogul rehearse quietly expressed concern about his answers, Bloomberg reports, and a disastrous appearance could cement rumblings emanating from the board about replacing him. But succession remains murky: With son James increasingly tainted, rumors yesterday turned to daughter Elisabeth, but insiders are now eyeing COO Chase Carey for the top job, notes Bloomberg.

“This will be a heavily reviewed performance,” says one expert. “Who would have thought this could happen two weeks ago?” But Murdoch's goose isn't cooked yet, says board member Thomas Perkins, who tells the AP that, "I can assure you, there has been no discussion at the board level in connection with this current scandal of making any changes. The board supports top management totally." Bloomberg notes that at the end of the day, it's likely Murdoch's call anyway: “Rupert Murdoch controls the votes of the company through the Class B shares,” says an expert . “He can just replace them if he wants."

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Edgar
Jul 19, 2011 7:57 AM CDT
I doubt it. Murdoch`s newspapers have done nothing more than any others, dug around for a bit of dirt or for something to attract an increase in sales. The politicians are keeping the pot boiling because they would rather talk about this than industrial decline or inability to balance the budget.
greenlantern1
Jul 19, 2011 7:34 AM CDT
Terrorists would have been very eager to get the information that Murdoch"s papers had. Was it doing business with them? Clifford Spencer