People: News Corp (NWS.O)
24 Jul 2014
Lachlan K. Murdoch is Non-Executive Co-Chairman of the Board of the Company. He is currently a Director of News Corp and 21st Century Fox, Executive Chairman of NOVA Entertainment Group, Executive Chairman of Illyria Pty Ltd, and a Director of Sydney’s Museum of Contemporary Art. Until recently, he also served as Non-Executive Chairman of Ten Network Holdings. Under his leadership, NOVA Entertainment Group became Australia’s number one national FM network. Prior to founding Illyria in 2005, a successful private investment company, Lachlan was the Deputy Chief Operating Officer of News Corporation (now 21st Century Fox), a role in which he was directly responsible for two thirds of the company’s global revenue, with specific emphasis on its U.S. television stations group and publishing assets. While at the former News Corporation, Lachlan had oversight of HarperCollins and the company’s lines of business in Australia, including REA. He also served on the Board of Foxtel and as Chairman of Fox Television Stations and Publisher of the New York Post. At Fox Television Stations, Lachlan oversaw the company’s 35 owned-and-operated television stations, where he raised the bar on local news coverage nationwide, increasing the total number of local news hours across the group to more than 850 per week. At the New York Post, Lachlan overhauled the tabloid and grew its circulation by more than 40 percent. During his tenure, the Post became the nation’s fastest growing newspaper and the seventh largest in the United States.
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