Twenty-First Century Fox said Tuesday that Rupert Murdoch will turn over more power to his sons James and Lachlan on July 1.
James Murdoch, 42, will become CEO and Lachlan Murdoch, 43, will become executive co-chairman of the company that day. News of the Murdoch brothers' promotions at Fox emerged last week but the timing had not been confirmed.
Twenty-First Century Fox's holdings include Fox News Channel, Fox broadcast network and the 20th Century Fox movie studio. Corporate functions as well as TV and film operations will jointly report to the Murdoch brothers, the company said.
Eighty-four year-old Rupert Murdoch has been CEO of the company since 1979 and chairman since 1991. He is also the executive chairman at News Corp., the company that now contains The Wall Street Journal and New York Post newspapers and book publisher HarperCollins.
Chase Carey, president and co-chief operating officer, will stay with Twenty-First Century Fox until June 30, 2016 as its executive vice chairman.
In March 2014 the company named James as co-chief operating officer and Lachlan was promoted to nonexecutive co-chairman.
Art Directors Club of Europe sets finalists for ADCE Awards 2024
The Art Directors Club of Europe (ADCE) has announced the finalists for the 33rd ADCE Awards, highlighting top creative talent from 22 countries.
An international jury gathered in Barcelona on October 29 and 30 to evaluate the best work of this year in European design and advertising, ultimately selecting the 2024 finalists entries.
Winners of the Gold Awards, along with Special Awards and the Grand Prix, will be unveiled at the ADCE Awards Gala Ceremony on November 22 during the ADCE Festival, while Silver, Bronze, and Shortlisted entries will be published immediately following the Gala on the ADCE website.
A total of 370 entries across 22 European countries have been selected as finalists. Final distinctions will include Gold, Silver, and Bronze winners, as well as special recognitions like the following:
European Star – honoring projects that reflect core European values such as democracy, freedom, justice, and peace.
Genius Loci – celebrating work that captures the spirit of specific places within Europe’s cultural heritage.
Green Star – recognizing projects that advance the circular economy, sustainability, or environmental protection.
Equal Star – rewarding creativity that challenges discrimination and stereotypes, promoting inclusivity.
This year’s ADCE Awards continue to celebrate the creativity, innovation, and values that characterize Europe’s artistic landscape.
The leading countries contributing to this selection include Germany with 108 finalist entries, Spain with 48, Austria with 33, Portugal with 30, Italy with 23, Switzerland with 21 and the U.K. with 20.
The finalists for the ADCE Awards 2024 can be accessed