financetom
Business
financetom
/
Business
/
News Corp to extend CEO's contract through June 2030, company says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
News Corp to extend CEO's contract through June 2030, company says
Jun 22, 2025 3:17 PM

(Reuters) -News Corp ( NWSA ) said it is extending the contract of Chief Executive Robert Thomson, which will see him continue as CEO through June 2030, the company said in a statement on Sunday.

Thomson was appointed as CEO of News Corp ( NWSA ), which owns the Wall Street Journal and book publisher HarperCollins, in 2013, and his contract was extended in 2023 until 2027.

Thomson has been at the helm of the company through several major deals, such as the sale of its Australian cable-TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion ($2.19 billion) in 2024.

"Robert has been instrumental in News Corp's ( NWSA ) growth and transformation, and his vision and leadership are extremely important as the company continues to navigate this era of rapid change," Chair Lachlan Murdoch said in a statement.

($1 = 1.5547 Australian dollars)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US soybean farmers urge Trump to make purchase deal with China
US soybean farmers urge Trump to make purchase deal with China
Aug 20, 2025
WASHINGTON (Reuters) -U.S. soybean farmers urged President Donald Trump in a Tuesday letter to reach a trade deal with China that secures significant soybean purchase agreements, warning of dire long-term economic outcomes if the country continues to shun the U.S. crop.  China, the world's largest soybean buyer, is turning to Brazilian cargoes amid trade tensions with the U.S. and ongoing negotiations....
Banco do Brasil ready to handle 'complex' issues amid debate over US sanctions
Banco do Brasil ready to handle 'complex' issues amid debate over US sanctions
Aug 20, 2025
BRASILIA, Aug 19 (Reuters) - Banco do Brasil said on Tuesday it is prepared to deal with complex, sensitive issues involving global regulations after a top court justice ruled foreign laws cannot be automatically applied in Brazil. The statement followed a Reuters query about the U.S. Magnitsky Act, which President Donald Trump used last month to sanction Supreme Court Justice...
FDA Extends Decision Date On Regenxbio's Gene Therapy Into Next Year
FDA Extends Decision Date On Regenxbio's Gene Therapy Into Next Year
Aug 20, 2025
The U.S. Food and Drug Administration (FDA) on Monday extended its review timeline for REGENXBIO Inc.’s Biologics License Application (BLA) for clemidsogene lanparvovec (RGX-121) for Mucopolysaccharidosis II (MPS II), also known as Hunter syndrome. The Prescription Drug User Fee Act (PDUFA) goal date has been extended from November 9, 2025, to February 8, 2026. The extension follows the company’s submission...
US oil and gas M&A activity tripled last year, report says
US oil and gas M&A activity tripled last year, report says
Aug 20, 2025
NEW YORK (Reuters) -Mergers and acquisitions in the U.S. oil and gas sector tripled last year despite softer commodity prices as energy companies boosted spending to improve efficiency and profits, according to a report released on Tuesday. WHY IT'S IMPORTANT The jump in dealmaking marks a shift in strategy after years of focusing on shareholder returns over growth as commodity...
Copyright 2023-2026 - www.financetom.com All Rights Reserved