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Spawn of MURDOCH, Lachlan, Quits as Heir (One Down, Three to Go)

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UTUSN Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-05 09:56 AM
Original message
Spawn of MURDOCH, Lachlan, Quits as Heir (One Down, Three to Go)
Well, glory be, does this mean the empire will crumble?

*******QUOTE*******

http://www.washingtonpost.com/wp-dyn/content/article/2005/07/29/AR2005072900480_pf.html

washingtonpost.com

Rupert Murdoch's son Lachlan quits post

Reuters
Friday, July 29, 2005; 8:53 AM

SYDNEY (Reuters) - Lachlan Murdoch, considered a frontrunner to succeed his 74-year-old father Rupert as chairman and chief executive of News Corp., on Friday resigned as an executive at the media conglomerate.

The younger Murdoch, 33, will leave his post as deputy chief operating officer at News Corp. and publisher of the New York Post tabloid newspaper on Aug. 31 but will remain on the board, News Corp. said.

"I am particularly saddened by my son's decision and thank him for his terrific contribution to the company," Rupert Murdoch said in a statement issued by the company.

Lachlan Murdoch's resignation makes his 32-year-old brother James Murdoch, currently CEO of UK satellite TV broadcaster BSkyB, the more likely heir apparent to succeed their father as the head of News Corp. ....

********UNQUOTE*******
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GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-05 09:56 AM
Response to Original message
1. Maybe his son has a heart and a conscience?
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annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-05 09:57 AM
Response to Reply #1
2. if he has a conscience...
We should be hearing from him shortly....
(he should also watch his back)
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