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Topic: Lachlan Murdoch


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  Lachlan Murdoch - Wikipedia, the free encyclopedia
Lachlan Keith Murdoch (born 1971) is the elder son of media mogul, Rupert Murdoch and the former Anna Torv.
Lachlan and Sarah were, before 2003 owners of a house "Berthong", in Elizabeth Bay, Sydney, which was later bought by Russell Crowe [3].
Lachlan is considered to be a friend of Australian actress Nicole Kidman[5], New Zealand actor Russell Crowe and director Baz Luhrmann.
en.wikipedia.org /wiki/Lachlan_Murdoch   (963 words)

  
 The Murdoch family in chaos
Murdoch's control of the company is held through a 25per cent shareholding, currently worth close to US$12 billion and the divorce announcement sparked speculation that he might have to sell off part of his stake to pay off Anna, thereby diluting his grip on the corporation.
Murdoch's mother, Dame Elisabeth, also attended the party, a significant thaw in the ice that has surrounded her reaction to the news of Murdoch's separation from Anna and his relationship with Deng.
Instead, the difficulty the Murdoch family is having with Deng is because of the personal wrench involved in replacing the glossy perfection of Rupert and Anna's marriage with a messy divorce and a much younger girlfriend.
www.geocities.com /CapitolHill/Senate/8789/age2.htm   (3275 words)

  
 ABC News: Lachlan Murdoch Resigns From News Corp.   (Site not responding. Last check: 2007-09-11)
Lachlan Murdoch, considered by many the heir apparent to inherit leadership of News Corp. from his billionaire father Rupert Murdoch, resigned his executive position with the company Friday July 29, 2005 and said he'd move to Australia with his family.
Lachlan said in a statement that he would move back home to Australia with his wife and son, but he did not elaborate on his reasons for leaving, and a company spokesman declined to comment.
Lachlan, who is 33, had been considered his father's favorite to eventually succeed him, though his youth and relatively short business experience made his succession unlikely in the near term.
abcnews.go.com /GMA/Business/wireStory?id=990706   (510 words)

  
 PM - Lachlan Murdoch finishes testimony at OneTel inquiry
Murdoch denied that his hand written exclamation mark indicated that he was surprised by the news.
Lachlan Murdoch said his concerns that the billing problem had been ongoing for six months were addressed by One.Tel's directors at a board meeting.
Lachlan Murdoch said he asked James Packer if there was a problem with the business or a timing issue with cash flows, to which Mr Packer replied, "a timing issue".
www.abc.net.au /pm/stories/s645003.htm   (780 words)

  
 Behind Murdoch Rift, a Media Dynasty Unhappy in Its Own Way - New York Times
Lachlan Murdoch is said to have chafed at the controlling ways of his father Rupert (at right).
Lachlan, whose office was next to his father's, tried repeatedly to express his dissatisfaction to his father, according to the person in close contact with the family.
Murdoch, 74, is a notoriously demanding and hands-on manager who built the $24-billion-a-year company from two small newspapers he inherited in Adelaide, Australia, four decades ago.
www.nytimes.com /2005/08/01/business/media/01murdoch.html?ex=1280548800&en=f1ce7a60beba9cca&ei=5090&partner=rssuserland&emc=rss   (796 words)

  
 Guardian Unlimited Business | | Lachlan Murdoch: back to Sydney
It was in 2000 that Rupert Murdoch's second daughter left her post as managing director of Sky Networks; today it was the turn of eldest son, Lachlan, the tanned, 33-year-old rock-climbing aficionado to announce he had decided to resign from his executive roles in the company.
Even when Lachlan's younger brother was a teenager, the more astute of the legions of Murdoch watchers had already pinned James of BSkyB as the most Rupertian of his offspring and probably the one who would be the most successful.
Lachlan was quite cool: with a tattoo on his muscled arm; he worked long hours, partied a bit, and even attended the Sydney Gay and Lesbian Mardi Gras parade - as a spectator, not a participant.
business.guardian.co.uk /story/0,3604,1539070,00.html   (1128 words)

  
 WJLA - Lachlan Murdoch Steps Down at News Corp.   (Site not responding. Last check: 2007-09-11)
Lachlan Murdoch abruptly resigned as a senior executive of News Corp. Friday, ending his father Rupert's hopes that he would some day run the global media conglomerate.The younger Murdoch, who is 33 years old, will move back to Australia with his wife and son and remain a director of the company.
Murdoch, whose family controls 30 percent of the company, has been grooming his sons as potential heirs to his throne, giving them greater degrees of responsibility.
Lachlan had been seen as his father's favorite to succeed him, though investors have been dubious that the younger Murdoch was ready to take the helm.
www.wjla.com /headlines/0705/247719.html   (597 words)

  
 News farewells Lachlan Murdoch. 30/07/2005. ABC News Online
Lachlan Murdoch (right) has thanked his father Rupert (left) for his education in business.
Lachlan Murdoch, 33, performed a number of roles in the company, most recently as deputy chief operating officer and publisher of the New York Post.
In a brief statement, Lachlan Murdoch said he would return to Australia soon with his wife, Sarah, and their son, Kalan.
www.abc.net.au /news/newsitems/200507/s1426139.htm   (352 words)

  
 Free Press : New Corp.'s Lachlan Murdoch resigns from executive roles
News Corp. said Lachlan Murdoch, a son and possible corporate heir to chief executive and controlling stockholder Rupert Murdoch, resigned from his executive roles with the company a surprise move that is likely to fuel speculation over succession at one of the world’s largest and most high-profile media companies.
Lachlan Murdoch had been seen as the favorite to take over the helm from his father, who has shown no indication that he will retire.
Murdoch is well known within the industry for being a tough task master, who keeps a close eye on the business, which was started with one newspaper bequeathed to him in the small city of Adelaide, Australia.
www.freepress.net /news/9443   (1037 words)

  
 Lachlan 1971– Murdoch - LEARNING THE ROPES, HEIR APPARENT, ADDED RESPONSIBILITIES
Lachlan Murdoch began working in the business as a printing press cleaner on weekends when he was in high school in the United States.
In October 2000 Lachlan Murdoch took another step toward achieving that goal when he was named News Corporation's deputy chief operating officer.
Murdoch seemed determined to live up to the biblical edict that the original John D. Rockefeller was fond of quoting: "To him who much is given, much is required" (Luke 12:48, Oxford Study Edition: "The New English Bible," Oxford University Press, 1976, chpt.
www.referenceforbusiness.com /biography/M-R/Murdoch-Lachlan-1971.html   (1287 words)

  
 Indiantelevision.com > News Headlines > Lachlan Murdoch resigns from News Corp posts
News Corp chairman and CEO Rupert Murdoch made the announcement today that his eldest son had decided to quit from his executive roles with the company, effective 31 August.
Rupert Murdoch said: “I am particularly saddened by my son’s decision and thank him for his terrific contribution to the company, and also his agreement to stay on the board and advise us in a number of areas.
Lachlan's departure potentially opens the door for News Corp president and COO Peter Chernin to some day take over from Murdoch as chairman, a possibility few took seriously till now.
www.indiantelevision.com /headlines/y2k5/july/july322.htm   (460 words)

  
 News Corporation
Lachlan Murdoch is the deputy chief operating officer of News Corporation and a member of its Office of the Chairman, which has budgetary responsibility for the entire corporation.
Murdoch developed and has successfully executed the company’s duopoly strategy for serving viewers in the nine markets where the company owns and operates two stations.
Murdoch, 33, sits on the board of directors of the Robin Hood Foundation and the Executive Committee of the board of the Partnership for New York.
www.newscorp.com /news/news_252.html   (736 words)

  
 CareerIndia: Going Abroad -News Corp. names Lachlan Murdoch deputy
Murdoch senior's second son, James, has been given the job of heading the group's sprawling but loss-making Star TV satellite service while daughter Elisabeth quit British Sky Broadcasting earlier this year to set up her own media venture.
News Corp, of which the Murdoch family owns about 30 percent of the voting stock, publishes newspapers, books and magazines, runs cable, satellite and terrestial television and produces films and TV programs and is developing Internet businesses.
Murdoch senior, whose third marriage was to 31-year-old Wendy Deng in June 1999, on New York's Hudson River aboard the white yacht The Morning Glory, has made his succession plans clear.
www.careerindia.com /careerhub/acrossseas/success/101000news.html   (527 words)

  
 Bulletin - Lachlan Murdoch: Heir apparent   (Site not responding. Last check: 2007-09-11)
Lachlan Murdoch was axiomatically a critical participant in those negotiations, which remain to be validated by regulatory authorities.
While the Murdoch family has the single largest holding of News Corp’s voting stock, it would not be enough to guarantee the eventual succession of Lachlan Murdoch to the top job if other investors, notably institutions with significant holdings, held serious doubts about his managerial ability and business acumen.
Lachlan Murdoch was appointed managing director of News Ltd in September 1996 and became chairman and chief executive six months later.
bulletin.ninemsn.com.au /bulletin/EdDesk.nsf/All/112619C458880C51CA256B78000850F3   (3703 words)

  
 News Corporation - Wikipedia, the free encyclopedia
Murdoch had made his first acquisition in the United States in 1973, when he purchased the San Antonio News.
Murdoch's pan-continental media empire has proved a source of concern for those political commentators who believe he is a significant, surreptitious conservative force in Western politics.
However, Rupert Murdoch is reported to be concerned that he may lose control of the business, and to have prepared a poison pill defence.
en.wikipedia.org /wiki/News_Corporation   (1395 words)

  
 BBC NEWS | Business | Murdoch 'heir' to quit News Corp
Lachlan Murdoch, regarded as likely heir to father Rupert Murdoch's media empire, is to quit his senior role at the family controlled News Corporation.
Mr Murdoch, 33, is stepping down as a director of the media giant, in which the Murdoch family owns a 30% stake, to return to his native Australia.
Lachlan Murdoch revealed on Friday that he will quit his executive role at News Corp at the end of August, although he will remain on the company's board.
news.bbc.co.uk /2/hi/business/4727991.stm   (469 words)

  
 News Corp.’s Lachlan Murdoch resigns   (Site not responding. Last check: 2007-09-11)
Murdoch, 33, said he has decided to return to Australia with his family, although he will continue to advise News Corp. “in a number of areas.” He will remain on the company's board.
Lachlan Murdoch, who will step down on Aug. 31, was considered the potential heir to succeed his 74-year-old father.
Murdoch is credited with overhauling the tabloid and aggressively working to boost its circulation, which grew 40% during his tenure.
newyorkbusiness.com /news.cms?newsId=11277   (242 words)

  
 Lachlan Murdoch to get millions from exit - Sify.com
New York: Lachlan Murdoch, who last week announced his abrupt resignation as deputy chief operating officer of News Corp., will be subject to a two-year non-compete clause and receive a separation payment worth several million dollars, a regulatory filing by the media giant showed Wednesday.
Lachlan Murdoch's one-time separation payment will be as high as his salary for the fiscal year that ended June 30, which the company will likely disclose in public filings in the coming weeks, plus his bonus for the same year.
Lachlan Murdoch's resignation deal also contains a two-year non-compete clause that will prevent him from taking a role in companies that have businesses in which News Corp. is active.
sify.com /news/fullstory.php?id=13910551   (639 words)

  
 The Epoch Times | Rupert Murdoch's Son Lachlan Quits News Corp Post
SYDNEY - Lachlan Murdoch, considered a frontrunner to succeed his 74-year-old father Rupert as chairman and chief executive of News Corp., on Friday resigned as an executive at the media conglomerate.
Elisabeth Murdoch, the elder sister who is chairman and CEO of her own UK-based TV production company, Shine, also has been considered a possible successor to her father, though most speculation ended when she resigned from BSkyB in 2000.
The company said Lachlan, who was named media person of the year last month by the advertising community at their annual confab, would continue to advise News Corp. He joined the board in 1996.
english.epochtimes.com /news/5-7-29/30747.html   (475 words)

  
 SignOnSanDiego.com > News > Business -- Lachlan Murdoch resigns from News Corp.
NEW YORK – Lachlan Murdoch abruptly resigned as a senior executive of News Corp. Friday, ending his father Rupert's hopes that he would some day run the global media conglomerate.
The younger Murdoch, who is 33 years old, will move back to Australia with his wife and son and remain a director of the company.
Lachlan's departure comes shortly after Murdoch had taken steps to shore up his control of News Corp. Last fall Murdoch put in place a defensive "poison pill" measure after media investor John Malone unexpectedly doubled his voting stake in News Corp. to about 18 percent.
www.signonsandiego.com /news/business/20050729-1058-newscorp.html   (685 words)

  
 Business | Lachlan Murdoch: back to Sydney
Lachlan Murdoch seemed destined to step into his father's shoes, but today is heading back to the city where he began his News Corp odyssey, writes Stephen Brook
And so back to Sydney, where 11 years ago Lachlan took his first steps on the News Corporation ladder and where today staff on News Corporation newspapers, which dominate the market, were issued an edict that tomorrow's papers were to "make it clear" Lachlan was returning down under for family reasons.
At one point, Lachlan was asked to explain what his job as publisher of the Australian, entailed, as the job title was not widely used in Australia.
business.guardian.co.uk /print/0,3858,5251284-108725,00.html   (1031 words)

  
 MediaGuardian.co.uk | Media | Lachlan Murdoch resigns from News Corp
Lachlan Murdoch, long regarded as a potential heir to his father Rupert, has resigned as an executive at the News Corp media empire.
Lachlan Murdoch said he would return to Australia with his wife, Sarah, and son Kalan.
Today's announcement makes 32-year-old James Murdoch the heir apparent in the Murdoch family, but at one stage it was Lachlan who was seen as most likely to succeed their father.
media.guardian.co.uk /site/story/0,14173,1538916,00.html?gusrc=rss   (617 words)

  
 USATODAY.com - Murdoch's oldest son leaves empire   (Site not responding. Last check: 2007-09-11)
Lachlan Murdoch — a 33-year-old Princeton graduate known for his good looks, a prominent tattoo on his left forearm and his marriage to a Sports Illustrated swimsuit model — said he'll remain on News Corp.'s board and serve as a consultant.
Lachlan Murdoch is deputy chief operating officer and reports to his father.
Lachlan, in an internal memo, called his departure a "personal" decision made "after long and hard deliberations over many months." He has frequently jetted between New York and Australia after the birth of his son in November.
www.usatoday.com /money/media/2005-07-29-news-corp_x.htm   (620 words)

  
 Crikey Website - Lachlan Murdoch's big payout   (Site not responding. Last check: 2007-09-11)
Lachlan will be allowed to keep all his options over about $40 million worth of non-voting shares for as long as he stays on the News Corp board and will receive a separation payment equivalent to his salary and bonus for 2004-05, which has not yet been disclosed.
Lachlan's relationship with his dad will perhaps best be demonstrated by the way he travels back to Australia to arrive in Sydney on the first day of Spring.
Lachlan flew all over Australia in a private jet when he ran the local operation in the late 1990s.
www.crikey.com.au /articles/2005/08/04-1620-8670.html   (910 words)

  
 Murdoch, the Next Generation   (Site not responding. Last check: 2007-09-11)
Lachlan Murdoch's rise through the ranks of his father's media empire is no surprise.
Lachlan Murdoch is well-known for his politeness to the press and employees, remembering the names of many in his legion of workers and stopping in to chat during visits to the different publications.
Murdoch stresses the need for any paper to make its circulation improvements work for the advertising side, even if it means losing some potential advertisers.
www.editorandpublisher.com /editorandpublisher/headlines/article_display.jsp?vnu_content_id=1778324   (3351 words)

  
 AsiaMedia :: AUSTRALIA: Lachlan wants his 'own life' in Australia
Lachlan Murdoch has turned his back on taking over his father's global media empire to come back to Sydney to raise his son as an Australian, close friends said yesterday.
Lachlan, 33, has about $60 million of his own money, and could reap $1.5 billion as his share of the family empire.
When Rupert Murdoch divorced his second wife, Anna, the 1999 settlement is believed to have included a stipulation for assets to be held in trust for their three children — Lachlan, James, and older sister Elisabeth — and his daughter from a previous marriage, Prudence.
www.asiamedia.ucla.edu /article.asp?parentid=27446   (745 words)

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