The media mogul has stepped back from the forefront of his empire, but there’s likely more to come — like a step to cement power for his son Lachlan.
Category: Appointments and Executive Changes
Rupert Murdoch to Retire From Fox and News Corporation Boards
The move leaves his son Lachlan as the sole executive in charge of the global media empire.
CEO Changes at Gap and Kohl’s Signal Trend for Female Executives
Several prominent companies, like the Gap and Kohl’s, have recently replaced female leaders with men. Industry observers see a loss in gender representation.
FTX Founder Sam Bankman-Fried Gamed Markets, Crypto Rivals Say
Sam Bankman-Fried found ways to control the prices of digital coins to benefit his companies, FTX and Alameda, according to cryptocurrency investors.
Elon Musk Says He Will Resign as Twitter CEO When He Finds Successor
Mr. Musk, who asked his Twitter followers on Sunday if he should step down as head of the service, will remain the company’s owner.