Media mogul Rupert Murdoch announced that he will be stepping down from his role as chairman of Fox Corp. and News Corp. and his son Lachlan Murdoch will replace him. After he retires, the elder Murdoch will become chairman emeritus of the two corporations.
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Fox succession: Lachlan Murdoch to lead after Rupert Murdoch steps down
#RupertMurdoch #LachlanMurdoch #FoxNews