News Corp. (NWSA) CEO Murdoch, COO Carey Issue Statement on James Murdoch Departure at BSkyB

April 3, 2012 9:36 AM EDT
News Corporation (Nasdaq: NWSA) CEO Rupert Murdoch and COO Chase Carey issued the following statement on word that James Murdoch would be stepping down as Chariman of BSkyB.

“We are grateful for James Murdoch’s successful leadership of BSkyB. He has played a major role in propelling the company into the market-leading position it enjoys today – and in the process has been instrumental in creating substantial value for News Corporation shareholders. We look forward to BSkyB’s continued growth under the leadership of Nicholas Ferguson and Jeremy Darroch and to James’ continued substantial contributions at News Corporation.”


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