Lachlan Murdoch lands on top as chairman and CEO of the company that announced it will be called just “Fox” after 21st Century Fox sells the majority of its assets to Disney in a $71.3 billion deal. Murdoch’s portfolio will include Fox Sports, Fox Broadcasting Network, Fox News and the Fox Business Network. Fox continues to realign its executive roster in the months ahead of the merger. In the most recent promotions, Eric Shanks is elevated to CEO of Fox Sports from his current role of president, COO and executive producer, Fox Sports. Mike Biard rises to president, operations and distribution for Fox from his previous post as president, distribution for Fox Networks Group. Paul Cheesbrough is promoted to CTO and head of direct to consumer platforms for Fox, and Steve Tomsic is elevated CFO of Fox from his current role of EVP, finance and deputy CFO. The most recent moves come on the heels of Marianne Gambelli’s announced promotion to president of ad sales for Fox. As reported, Fox TV Group chairman/CEO Gary Newman is negotiating to stay with the company.
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