James Murdoch QUITS BSkyB chairmanship
Remains as non-exec board member
BSkyB chairman James Murdoch is reportedly stepping down from his role.
The company declined to comment on the news story that was "broken" by Sky News, an organisation owned by BSkyB.
According to that report James Murdoch - the son of media tycoon Rupert Murdoch - will quit the chairman role this afternoon. His decision to quit BSkyB follows on from his departure in February from his dad's British newspaper business - News International.
Murdoch junior has been under intense scrutiny after a number of journalists within News International faced allegations of phone-hacking and illegal payments to police.
He's expected to hand his resignation to BSkyB board members this afternoon and will step down with immediate effect, Sky News reported. Murdoch junior will remain as a non-exec director of the company. BSkyB's deputy chairman, Nicholas Ferguson, will replace him. ®
Re: Nice man
"But why is he even still employed by them?"
He isn't. That's what 'non-executive' means (though he can still claim expenses). He's still a director because News International own 41% of BSkyB and so are entitled to nominate directors.
I feel this level of ownership still gives NI sufficient influence over BSkyB for Ofcom to continue investigating whether BSkyB is a fit and proper company to hold broadcasting licences.
Could not happen to a nicer man!!!
But why is he even still employed by them?
Guess that is the power of having a Dad that is a member of the media Mafia......how long till he and the rest of them get what they deserve.......which is about 10-20 years!
Could someone please hack is phone so we know what's going on for certain!!!
So they all get off scott free and continue raking in the cash, then. I'm shocked....
And while I'm at it, it's about time they put a stop to this rebranded News of the World they're selling now too.