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30
year old James Murdoch is already a board member at News Corp.,
which owns 36 per cent of BSkyB, UK's largest pay TV broadcaster.
James is also chairman and chief executive of Star TV, News Corp's
Asian pay TV service and his father's bridgehead into the potentially
lucrative Chinese broadcasting market.
Media reports say the induction of James has resulted in the departure
of Leslie Hinton, the executive chairman of Mr Murdoch's News International
newspapers, which include the Sun and the Times, from the BSkyB
board. It may, reports indicate, infuriate BSkyB investors, a large
group of which had voted against re-electing five non executives
at last year's annunal general meeting, in protest against the lack
of genuine independent directors.
Martin Pompadur, head of News Corp's European operations, has also
quit the BSkyB board, say reports. Among fresh appointments to the
BSkyB board announced today are Chase Carey, a non-executive director
at News Corporation, and Lord Wilson of Ditton, former head of the
home civil service.
Nine of the 16 board members of BSkyB are now independent non-executive
directors.
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