Friday, April 16, 2021

JAMES MURDOCH UNDER SIEGE AGAIN

October 25, 2012 by · Leave a Comment 

James Murdoch was forced to resign as non-executive chairman of the News Corp-controlled satellite broadcaster BSkyB last April. Now, the influential activist group FairPensions is urging shareholders to remove him as a non-executive director of BSkyB when they hold their annual meeting on Nov. 1. The group, which prods investors in major British companies to use their power to hold companies to account for misdeeds and unethical practices, said on Wednesday that Murdoch’s handling of the telephone hacking scandal that engulfed News International while he was its executive chairman should disqualify him from further involvement with BSkyB. “We think it’s time for him to go,” the group said. Today’s Guardian newspaper quoted Catherine Howarth, CEO of FairPensions, as saying, “Whatever Murdoch’s talents as an executive, his failure to ask difficult questions over phone hacking shows he lacks of the requisite skills for this role on BSkyB’s board. Shareholders and the wider public have a clear interest in his departure.”