New York, NY – June 18, 2012 – The News Corporation Board of Directors approved a change in the reporting structure of the Management and Standards Committee (MSC), which calls for the MSC to now report directly to Gerson Zweifach, News Corporation's Senior Executive Vice President and Group General Counsel, who has served as a member of the MSC since February.
This shift will enable the Company to consolidate its efforts with respect to ongoing UK and related investigations within its legal group, which Mr. Zweifach has led since joining News Corporation in February. The change also enables Joel Klein, who previously oversaw the MSC, to transition back to a full-time role as Executive Vice President and CEO of News Corporation's Education division.
In his MSC role, Mr. Zweifach will report to News Corporation's independent directors through Viet Dinh, an independent director and Chairman of News Corporation's Nominating and Corporate Governance Committee.
About News Corporation
News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) had total assets as of March 31, 2012 of approximately US$61 billion and total annual revenues of approximately US$34 billion. News Corporation is a diversified global media company with operations in six industry segments: cable network programming; filmed entertainment; television; direct broadcast satellite television; publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and Latin America.
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