Ruper Murdoch's son Lachlan to be CEO of new Fox

Lachlan Murdoch and Rupert Murdoch Photograph:( Reuters )

Reuters New York, NY, USA May 16, 2018, 10.00 PM (IST)

Twenty First Century Fox said on Wednesday Executive Chairman Lachlan Murdoch will serve as chairman and CEO of the proposed new Fox, following the sale of its film and TV assets to Walt Disney Co.

Rupert Murdoch will serve as co-chairman of the new Fox, and John Nallen, Fox's current chief financial officer, will assume the role of chief operating officer, the company said.