Bifurcation of News Corp, Indian to be the CFO
News Corp would undergo a restructure of the top management of the company. The company has decided that the top management would split into the two publically traded firms. The bifurcation would separate newspapers like The Wall Street Journal, The New York Post and The Times of London from the fast-growing entertainment unit. Thus there would be one publishing company whose CEO would be Dow Jones editor-in-chief as well as the managing editor of The Wall Street Journal, Robert Thomson. The other, named as Fox Group, will be the entertainment and media company. An Indian, Bedi Ajay Singh, who had recently also been at the designation of President, Finance and Administration and Chief Financial Officer for MGM Studios would be given the role of Chief Financial Officer at the new publishing company.
Categories: Persons in News