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News Corp to extend CEO’s contract through June 2030, company says

by Euro Times
June 22, 2025
in Finance
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(Reuters) -Information Corp stated it’s extending the contract of Chief Government Robert Thomson, which is able to see him proceed as CEO by means of June 2030, the corporate stated in a press release on Sunday.

Thomson was appointed as CEO of Information Corp, which owns the Wall Avenue Journal and guide writer HarperCollins, in 2013, and his contract was prolonged in 2023 till 2027.

Thomson has been on the helm of the corporate by means of a number of main offers, such because the sale of its Australian cable-TV unit Foxtel to British-owned sports activities community DAZN for A$3.4 billion ($2.19 billion) in 2024.

“Robert has been instrumental in Information Corp’s progress and transformation, and his imaginative and prescient and management are extraordinarily essential as the corporate continues to navigate this period of fast change,” Chair Lachlan Murdoch stated in a press release.

($1 = 1.5547 Australian {dollars})

(Reporting by Chandni Shah in Bengaluru; Modifying by Chris Reese)



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