News Corp. Inks CEO Robert Thomson to Long-Term Contract Extension

News Corp has decided to extend the contract of CEO Robert Thomson for a longer term, ensuring his continued leadership as the company delves into future AI partnerships and completes its ongoing digital metamorphosis.

Since 2013, Robert Thomson has been at the helm of News Corporation. Recently, he inked an agreement extending his tenure as CEO until June 2030. This media conglomerate, under Thomson’s leadership, encompasses a variety of entities including The Wall Street Journal and Dow Jones, book publisher HarperCollins, The New York Post, a digital real estate business, and other valuable assets.

It also comprises a big piece of the Murdoch family empire, alongside Fox Corp.

In essence, Lachlan Murdoch stated that Robert has played a key role in News Corp’s growth and transition, emphasizing the significance of his strategic vision and leadership as the company adapts to fast-paced change. He praised Robert for generating substantial value for shareholders, restructuring our assets, and making pivotal investments in growth sectors such as Dow Jones, Digital Real Estate Services, and Book Publishing. Additionally, he highlighted Robert’s influential role in defending publishers and journalists in the digital era and his staunch support for intellectual property rights. Murdoch expressed enthusiasm about Robert continuing to lead News Corp into the future.

Apart from championing progressive approaches in dealing with tech giants such as Google and Meta concerning publisher revenues, Thomson has recently been pursuing partnerships with artificial intelligence firms. Moreover, he is known for his eloquent and memorable statements.

Thomson expressed gratitude for serving as CEO of a company skillfully crafted by Rupert and Lachlan Murdoch, which embodies passion, integrity, and purpose. He acknowledged that these are testing times for journalists, authors, society, and those with ambition, offering both difficulty and immense possibility. The leadership team recognizes their steadfast duty to shareholders and acknowledges the exceptional work of all staff as we strive for profitability and aim to fulfill our great potential.

Read More

2025-06-23 04:24