New York, NY – September 29, 2014 – 21st Century Fox (NASDAQ: FOXA, FOX) today announced that Tidjane Thiam, Group Chief Executive, Prudential plc, has been nominated to join the Board of Directors and will stand for election at the Company's Annual Meeting of Stockholders on November 12, 2014 (the “2014 Annual Meeting of Stockholders”), in Los Angeles, CA.
Commenting on the nomination, Chairman and Chief Executive Officer Rupert Murdoch said, “Tidjane is an accomplished executive and a global thought leader with valuable knowledge of international markets. Our Company will be fortunate to benefit from his unique perspective, extensive operational and financial experience, and deep expertise in developing regions.”
Mr. Thiam said, "I am delighted to be nominated to serve on the board of 21st Century Fox, a very successful company with a strong entrepreneurial culture and global reach. The Company is at the heart of the media and entertainment industry, with brands and productions that move, entertain and delight countless millions of people around the world."
Mr. Thiam has served as Group Chief Executive of Prudential plc (PRU LN) since 2009. Prudential plc is Britain's largest insurance group, with substantial operations in the U.K., Asia and the U.S. serving more than 23 million customers. He joined Prudential plc as Chief Financial Officer in 2008 from insurer Aviva, where he held a number of senior executive roles, including Chief Executive Officer, Europe. Prior to joining Aviva in 2002, he was a partner at McKinsey & Company. In the 1990s, he spent 6 years in his native Ivory Coast where he served as a cabinet member. He is a board member of the Association of British Insurers which he chaired from 2012 to 2014. He is a member of the British Prime Minister’s Business Advisory Group and is a member of the Africa Progress Panel chaired by former U.N. Secretary-General Kofi Annan. Mr. Thiam sits on the International Business Council of the World Economic Forum and was awarded the Legion d’Honneur by the French President in 2011.
Note to editors:
Prudential plc is not affiliated in any manner with Prudential Financial, Inc.
21st Century Fox filed a definitive proxy statement in connection with the 2014 Annual Meeting of Stockholders with the Securities and Exchange Commission (“SEC”) on September 29, 2014. 21st Century Fox advises stockholders to read the definitive proxy statement because it contains important information about the election of directors and any other matters to be presented at the 2014 Annual Meeting of Stockholders. Stockholders may obtain free copies of the definitive proxy statement and other documents the Company files with the SEC at the SEC’s web site at www.sec.gov. They may also access a copy of the Company’s definitive proxy statement by accessing http://www.21cf.com/investor/annualmeetinginfo.html.
About 21st Century Fox
21st Century Fox is the world's premier portfolio of cable, broadcast, film, pay TV and satellite assets spanning six continents across the globe. Reaching more than 1.5 billion subscribers in approximately 50 local languages every day, 21st Century Fox is home to a global portfolio of cable and broadcasting networks and properties, including FOX, FX, FXX, FXM, FS1, Fox News Channel, Fox Business Network, FOX Sports, Fox Sports Network, National Geographic Channels, MundoFox, STAR India, 28 local television stations in the U.S. and more than 300 channels that comprise Fox International Channels; film studio Twentieth Century Fox Film; and television production studios Twentieth Century Fox Television and Shine Group. The Company also provides premium content to millions of subscribers through its pay-television services in Europe and Asia, including Sky Deutschland, Sky Italia and its equity interests in BSkyB and Tata Sky. For more information about 21st Century Fox, please visit www.21CF.com.