News Corp May Boot Murdoch

Could daughter Elisabeth replace him?
By M Cantor,  Newser Staff
Posted Jul 18, 2011 9:27 AM CDT
News Corp May Boot Rupert Murdoch; Guardian Speculates Daughter Elisabeth Could Replace Him
News Corp. Chairman Rupert Murdoch looks down as he leaves the One Aldwych Hotel in London.   (Getty Images)

(Newser) – As News Corp continues to reel from the phone hacking scandal, its independent directors are wondering whether it’s time for a leadership change, insiders tell Bloomberg. The independent directors—who make up 9 seats of the 16-member board—complain that they’ve been given too little information about the scandal and that News Corp has responded too slowly. Murdoch himself seems to be “in denial” about possible repercussions, directors tell Bloomberg.

The Guardian says daughter Elisabeth—who, unlike her father and brothers James and Lachlan, last week argued that Rebekah Brooks should resign—looks increasingly like the best family candidate to replace him. But the Guardian also notes that Murdoch biographer (and Newser founder) Michael Wolff today said that Murdoch needs to face the uncomfortable reality that none of his kids may be considered competent enough to get the keys to the kingdom. (Read more Rupert Murdoch stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.