Wednesday, October 17, 2012

News Corp under pressure on dual Murdoch roles





News Corp chief executive Rupert Murdoch, still coping with a phone-hacking scandal that erupted at the company's British papers last year, faces renewed calls from shareholders to step down as chairman.


Investors have mounted a campaign to separate the chairman and chief executive roles, which are both held by Murdoch, to increase accountability. They were to push shareholders to vote for the proposal at last night's annual meeting in Los Angeles.









via Business feed http://www.scmp.com/business/companies/article/1062772/news-corp-under-pressure-dual-murdoch-roles

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