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Elizabeth Murdoch on ITV's CEO short-list

LONDON
Sun Jun 28, 2009 1:33pm EDT
Elizabeth Murdoch, founder of Shine Entertainment and daughter of News Corporation Chairman Rupert Murdoch, speaks to an attendee during a meeting of media industry leaders at 10 Downing Street in London, January 29, 2009. REUTERS/Alastair Grant/Pool

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LONDON (Reuters) - ITV (ITV.L) has placed Elizabeth Murdoch, the daughter of Rupert Murdoch and founder of Shine Entertainment, on the short-list to become the company's new chief executive, reported the Sunday Telegraph.

The newspaper cited sources as saying Murdoch's understanding of international media and entrepreneurial skills make her an obvious candidate despite her family's connection to BSkyB (BSY.L), which was founded by her father Rupert.

BSkyB, whose chairman is Elizabeth Murdoch's brother James, has been fighting to hold a 17.9 percent stake in ITV, after ITV and competition regulators tried to make it sell the holding.

BSkyB has taken the case to the Court of Appeal.

Meanwhile, the Sunday Times said ITV is keen to make a successor to Michael Grade by the time of its first half results on August 6 and had asked headhunter Russell Reynolds to step up the pace of the search to avoid a period of uncertainty.

ITV could not be reached for comment.

(Reporting by Matt Scuffham)



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