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Fox News Names 2 Insiders to Top Posts Fox News Names 2 Insiders to Top Posts
(about 1 hour later)
Three weeks after Roger Ailes’s ouster as chairman and chief executive of Fox News, the cable network has promoted two people to top leadership positions.Three weeks after Roger Ailes’s ouster as chairman and chief executive of Fox News, the cable network has promoted two people to top leadership positions.
The veteran Fox executives Bill Shine and Jack Abernethy were named co-presidents, Rupert Murdoch, the Fox News chief executive, announced in a statement on Friday. Mr. Shine will be in charge of programming at Fox News and Fox Business Network, while Mr. Abernethy will be in charge of finance, business and legal affairs.The veteran Fox executives Bill Shine and Jack Abernethy were named co-presidents, Rupert Murdoch, the Fox News chief executive, announced in a statement on Friday. Mr. Shine will be in charge of programming at Fox News and Fox Business Network, while Mr. Abernethy will be in charge of finance, business and legal affairs.
It was also announced that Fox News’s longtime chief financial office, Mark Kranz, is stepping down. It was also announced that Fox News’s longtime chief financial officer, Mark Kranz, is stepping down.
“Bill Shine has developed and produced a signature primetime that has dominated the cable news landscape for 14 of his 20 years with Fox News,” Mr. Murdoch said in a statement. “His leadership and keen eye for programming has played a fundamental role in the success of both Fox News and Fox Business Network.”“Bill Shine has developed and produced a signature primetime that has dominated the cable news landscape for 14 of his 20 years with Fox News,” Mr. Murdoch said in a statement. “His leadership and keen eye for programming has played a fundamental role in the success of both Fox News and Fox Business Network.”
Mr. Murdoch also said that Mr. Abernethy’s appointment “will ensure continued growth of Fox News and Fox Business Network for generations to come.”Mr. Murdoch also said that Mr. Abernethy’s appointment “will ensure continued growth of Fox News and Fox Business Network for generations to come.”
This provides Fox News a leadership structure for the time being as the network navigates an election season and an uncertain future, while also dealing with the departure of Mr. Ailes, who helped Mr. Murdoch start the network 20 years ago but left in the wake of sexual harassment allegations by the former anchor Gretchen Carlson. Mr. Murdoch, also the executive chairman of 21st Century Fox, Fox News’s parent company, is expected to stay in the role of the network’s chief executive until at least through the presidential election in November.This provides Fox News a leadership structure for the time being as the network navigates an election season and an uncertain future, while also dealing with the departure of Mr. Ailes, who helped Mr. Murdoch start the network 20 years ago but left in the wake of sexual harassment allegations by the former anchor Gretchen Carlson. Mr. Murdoch, also the executive chairman of 21st Century Fox, Fox News’s parent company, is expected to stay in the role of the network’s chief executive until at least through the presidential election in November.
Fox News also announced that Suzanne Scott has been named executive vice president of programming and will oversee the network’s daytime and primetime opinion shows. Jay Wallace will remain in charge of the news division. Ms. Scott and Mr. Wallace will report to Mr. Shine.Fox News also announced that Suzanne Scott has been named executive vice president of programming and will oversee the network’s daytime and primetime opinion shows. Jay Wallace will remain in charge of the news division. Ms. Scott and Mr. Wallace will report to Mr. Shine.