Lachlan Murdoch
Lachlan Murdoch is the Co-Chairman of News Corp and Executive Chairman and Chief Executive Officer of Fox Corporation (FOX).
Mr. Murdoch has spent the past two decades building, operating and investing in many of the world's most prominent television and publishing businesses. In addition to his leadership roles at News Corp and FOX, he currently serves as Executive Chairman of NOVA Entertainment, an Australian media company. Mr. Murdoch previously served as Non-Executive Chairman of Ten Network Holdings.
Mr. Murdoch served since 1996 on the Board of Directors of News Corporation, which separated into two distinct publicly traded companies, News Corp and 21st Century Fox, in 2013. Mr. Murdoch was named Co-Chairman of 21st Century Fox in 2014, and Executive Chairman in 2015; he served in that role until the closing of the merger of 21st Century Fox and The Walt Disney Company in March 2019.
From 1996 to 2005, Mr. Murdoch served in a number of senior executive roles at News Corporation. As Deputy Chief Operating Officer, he was directly responsible for the company's U.S. television stations group and publishing assets, serving as Chairman of Fox Television Stations (FTS) and Publisher of the New York Post. At FTS, he 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, he 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.
Mr. Murdoch also oversaw HarperCollins Publishers and News Corporation's lines of business in Australia, including REA Group, a leading online real estate business in Australia. He led the company's purchase of a controlling stake in REA, which began with an original cash investment of approximately $1 million and resulted in a corporate asset that is currently valued at approximately $5 billion.
In 2005, Mr. Murdoch founded Illyria Pty, a successful private investment company. In 2009, Illyria acquired 50 percent of DMG Radio, a network of radio stations, which later was renamed NOVA Entertainment. After Mr. Murdoch became its Chairman in 2009, NOVA grew exponentially, nearly doubling in value during the first three years of his tenure, while its EBITDA rose more than threefold, from $16 million in 2009 to $52 million in 2014. In 2012, Illyria purchased the remaining 50 percent and, under Mr. Murdoch's leadership, NOVA Entertainment became Australia's leading network of FM stations.
Mr. Murdoch holds a B.A. from Princeton University.
