News Corp will “stand on the shoulders of a giant” when Rupert Murdoch transitions to “chairman emeritus” next week, the company’s chief executive, Robert Thomson, told its fiscal first-quarter earnings call on Friday as he welcomed Lachlan Murdoch as sole chair.
“His thoughtful engagement with our teams already enhances the business each working day and his passion for principled journalism is obvious to all who work with him,” Thomson said. “There is no doubt that Lachlan’s multidisciplinary expertise and his philosophical integrity will be invaluable as we continue to the next phase of our crucial journey.”
