Business Insider
Date: 2012-03-18
Author: Philip Boroff

Article Mentions
Author, Philip Boroff
Mentioned, Rupert Murdoch
Mentioned, Julie Henderson
Mentioned, Tom Watson
Mentioned, Bloomberg LP
Mentioned, Twitter
Mentioned, Bloomberg News
James Murdoch, News Corp.s deputy chief operating officer, will leave the board of Sothebys auction house, following demands he resign over his role in a U.K. phone-hacking scandal. Murdoch, 39, this year already resigned from the board of GlaxoSmithKline Plc and as executive chairman of News Corp.s U.K. publishing unit News International. Murdoch also faces calls from investors to step down from the board of News Corp. and as chairman of pay-TV company British Sky Broadcasting Group Plc. Murdoch will focus on his core responsibilities at News Corp., according to a filing yesterday by Sothebys. U.K. lawmakers are preparing a report about Murdochs role in the scandal following testimony he gave that has been contradicted by former subordinat...(read more)
... James Murdoch, News Corp.s deputy chief operating officer, will leave the board of Sothebys auction house, following demands he resign over his role in a U.K. phone-hacking scandal. Murdoch, 39, this year already resigned from the board of GlaxoSmith ...
... and his sons, following an annual meeting at which investors called for governance changes and an end to voting practices that cement the familys control. James received the highest percentage of votes against his election to the board, at 35 percen ...


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