Finance
News Corp to extend CEO's contract through June 2030, company says
Published by Global Banking & Finance Review®
Posted on June 23, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 23, 2025
1 min readLast updated: January 23, 2026
News Corp extends CEO Robert Thomson's contract to June 2030, emphasizing his significant role in the company's growth and transformation.
(Reuters) -News Corp said it is extending the contract of Chief Executive Robert Thomson, which will see him continue as CEO through June 2030, the company said in a statement on Sunday.
Thomson was appointed as CEO of News Corp, which owns the Wall Street Journal and book publisher HarperCollins, in 2013, and his contract was extended in 2023 until 2027.
Thomson has been at the helm of the company through several major deals, such as the sale of its Australian cable-TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion ($2.19 billion) in 2024.
"Robert has been instrumental in News Corp’s growth and transformation, and his vision and leadership are extremely important as the company continues to navigate this era of rapid change," Chair Lachlan Murdoch said in a statement.
($1 = 1.5547 Australian dollars)
(Reporting by Chandni Shah in Bengaluru; Editing by Chris Reese)
Robert Thomson's contract has been extended to continue as CEO through June 2030.
Robert Thomson was appointed as CEO of News Corp in 2013.
Thomson oversaw the sale of News Corp's Australian cable-TV unit Foxtel to DAZN for A$3.4 billion.
Chair Lachlan Murdoch stated that Thomson's vision and leadership are crucial for the company's growth and transformation.
Before the extension, Thomson's contract was set to end in 2027.
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