News Corp‘s European chief executive James Murdoch is to relocate back to New York to take up the new role of deputy chief operating officer and chairman of the group’s international division.
Murdoch Junior, who has been based in London since 2003, will continue to have responsibility for News Corp’s Europe and Asia businesses, including the News International stable of UK newspapers, the company announced this afternoon.
He will report to News Corp chief operating officer and deputy chairman Chase Carey and will work closely with the group’s chairman and chief executive Rupert Murdoch, his father.
Carey said in a statement: “James has demonstrated in an array of roles that he is a shrewd and decisive operator who can deftly navigate complex issues to transform businesses.
“He has equally shown a unique understanding of the emerging technologies and the digital forces that are reshaping our industry.
“We are confident that James’ deep knowledge of international markets, his proven leadership, and his passionate focus on building consumer relationships make him the ideal person to help us realize these opportunities across all our companies.”
James Murdoch has been News Corp’s European and Asian chief executive since 2007. During this time he has also held the title of News International executive chairman.
He was previously chief executive of BSkyB for four years. He first joined his father’s company in 1996 as an executive vice-president based in New York.