Around the Net
Sky Shareholder Criticises James Murdoch Appointment As Chairman
- The Guardian, Monday, February 1, 2016 6:23 AM
A Sky shareholder has criticised James Murdoch’s appointment as chairman, arguing that it flouts the corporate governance code and is a serious conflict of interest given he runs its biggest shareholder, Fox. Royal London Asset Management, which owns GBP50m of Sky shares, believes Murdoch’s reappointment is “inappropriate”. He was forced to stand down as chairman of Sky in 2012 in the wake of the phone-hacking scandal at News International, publisher of the Sun, Times and now defunct News of the World.
