Murdoch’s new role to continue dynasty

news Corp has promoted James Murdoch to the role of deputy chief operating officer in a move that will be seen to mark him as eventual successor to his 80-year old father, Rupert.

By The Newsroom

Published 31st Mar 2011, 10:11 BST

James Murdoch’s newly created role, announced yesterday, will have him move to New York from London and continue to report to News Corp’s deputy chairman and chief operating officer Chase Carey.

He will also continue to run News Corp’s international operations.

The move for the younger Murdoch will be taken as a sign that News Corp chief executive Rupert Murdoch is starting to clarify a succession plan.

It has always been expected Murdoch would position one of his children as an eventual CEO of the company he founded.

James Murdoch, 38, has been an executive at News Corp for more than 15 years in various roles.