Former prime minister Tony Abbott is on track to join Fox Corporation’s board of directors next month, in Lachlan Murdoch’s first major move as he looks to stamp his authority as the company’s sole chair.came one day after Lachlan Murdoch’s confirmation as heir to the News and Fox empire, carrying on the Murdoch tradition of bringing notable figures from the world of politics into the family’s corporate inner sanctum.
Lachlan Murdoch and Abbott are close friends, their relationship dating beyond Abbott’s ascent to the top of Australian politics, withs longest-serving editor-in-chief, Chris Mitchell. “I’m not sure he’d bring any particular skills to do with publishing, TV or pay TV.”before being appointed press secretary to former Liberal opposition leader John Hewson in 1990.
An individual in Lachlan’s inner circle says political thinking can be an asset on boards, noting that Ryan, a former speaker of the House and Mitt Romney’s 2012 running mate, adds value in their directorial duties. “Is Tony the appropriate person? Who knows,” says Hartigan, though he and Mitchell agree it is natural for a new chair to build out their own support.
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Tony Abbott and the meeting of minds at FoxThe former conservative prime minister is on track to join Fox Corporation’s board of directors in Lachlan Murdoch’s first major move to stamp his authority as the company’s sole chair.
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