By Joe Coscarelli.
He held senior positions during his tenure, including Chief Executive Officer of Sky Global Networks and Co-Chief Operating Officer of both Fox Entertainment Group and News Corporation, before taking the CEO position at DIRECTV.His appointment caps a particularly exciting and active period for News Corporation, and we all welcome him back.We named a new head of digital operations, Jon Miller, who has already made great headway at the Fox Interactive Media operations, and is spearheading a global initiative to monetize our valuable print content online. The board of News Corporation is considering replacing Rupert Murdoch with Chase Carey as CEO of News Corporation, according to Bloomberg. That was the vow of Chase Carey, a News Corp. executive who is in position to become the next president and CEO of DirecTV-parent Hughes Electronics once News Corp.’s acquisition of the satellite company receives regulatory approvals. "With its leading franchises, News Corporation's growth opportunities are second to none, and I am thrilled to be returning at such a transformative time for our businesses across the globe. The company didn't provide terms of his employment contract, but a source familiar with the situation said it runs for five years.Carey's appointment and addition to the board will come right after current president and COO Peter Chernin, who had focused mainly on the creative units, leaves his job. News Corp.’s Chase Carey Seems Like a Normal Dude With a Big Mustache. NEW YORK -- News Corp. watchers have long debated if and when James Murdoch may move into a broader corporate position at the conglomerate.It seems that the son of chairman and CEO Rupert Murdoch will have to wait for a further potential ascension at News Corp. for at least a while now that his father has brought back trusted advisor Chase Carey in a role that is broader than first expected.News Corp. made things official after the market close Wednesday, confirming that Carey is returning to the conglomerate as deputy chairman, president and COO, effective July 1.Reporting to Murdoch and based in New York, Carey, 55, will oversee all of the company's global operations. "Chase has been one of my closest advisers and friends for years and I am delighted we'll once again be working together across our businesses as we face the challenges and great opportunities ahead," said Murdoch. He’s always shown considerable sang-froid, not to say cold-bloodedness. He has previously worked for News Corp, DIRECTV, 21st Century Fox and Sky plc. Mr. Carey previously served in a number of roles at 21CF beginning in 1988, including as Vice Chairman from 2015 to … One can only guess that as he weaves his way through the crisis, he’s relying on the kind of wisdom he shared with some students in one of his appearances as an engaged alumnus:When Murdoch hastened to London as the scandal deepened, and was seen heading grim-faced into the New Corp. crisis bunker, Carey was also spotted entering.
Chase Carey (born 22 November 1953) is an Irish-American executive.
Carey had a DirecTV contract through the end of 2010, but Liberty let him out of it. Carey, who got his MBA from Harvard, clearly has a business mind – attested to by his reputation for expanding brands, hitting almost every target he sets for himself and his companies, and his 2011 tipping as Rupert Murdoch’s successor as CEO of the News Corporation – a multinational corporation handling publishing, news, film and TV. He also serves on The DIRECTV Group board of directors.Prior to joining DIRECTV, Inc., Carey was co-chief operating officer of News Corp. and chairman and chief executive officer of the Fox Television Group.
We will continue to invest smartly in our businesses, better rationalize cost structures, grow our market share and emerge bolder, better aligned and more competitive than ever.I am confident that the right leadership team is now in place to steer us through these difficult times.The Hollywood Reporter, LLC is a subsidiary of Prometheus Global Media, LLC. What Elisabeth & Lachlan’s No-Show Might Have Revealed. He was particularly instrumental in managing the operations and strategy of News Corp., focusing on its worldwide television business that encompasses the FOX network, Fox Television Stations, Fox's cable programming group, and News Corp.'s international satellite operations.He is a graduate of Colgate University and Harvard Business School. This new leadership team has already distinguished itself in a difficult economic climate.This is not a time to stand still or allow the difficulties we're all facing to overwhelm us. He has previously worked for News Corp, DIRECTV, 21st Century Fox and Sky plc. For now, he’s keeping mum, as is his habit.Word is that Carey was a bit of a party man while a member of the not-exactly-staid Delta Upsilon fraternity at Colgate.His fondness for a social Budweiser is well documented. "Always pursue your goals with passion and energy," he said, "And if things get really tough, call a Colgate friend for a beer. News Corp. watchers have long debated if and when James Murdoch may move into a broader corporate position at the conglomerate.© 2020 Adweek - All Rights Reserved,Jim Cramer Apologizes to Speaker Nancy Pelosi After Referring to Her as ‘Crazy Nancy’ On-Air,Belvedere CMO Sustainably Shaking Up the Spirits Industry,HBO’s Watchmen Wins 4 TCA Awards, Including Program of the Year,ABC News Will Present a 90 Minute Town Hall With President Trump Tuesday Night,JCPenney Avoids Liquidation, but Hard Work Remains. He is the chief executive officer and executive chairman of the Formula One Group.
That would not have been pretty, because the Murdoch family’s control of the voting stock would have given them the means to stage a bloody fight with a board that seems to lack the independent will to bring their leader to terms.And when Murdoch emerged smiling some hours later, some of the credit for his change in mood went to Carey.