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Lachlan Murdoch

FB Roundup: Pentland Group, Fox Corp, Pernod Ricard

September 20, 2021

Rubin family’s Pentland shifts from Brexit Britain to Ireland, Lachlan Murdoch stamps $7 billion influence as deal-making successor, Pernod Ricard acquires premium brands and buybacks shares.

Rubin family’s Pentland shifts from Brexit Britain to Ireland

Pentland Group, the British Rubin family-controlled owner of sports brands Speedo and Lacoste and majority owner of high street retailer JD Sports, has moved offshore because of Brexit.

However, the $9 billion group said its daily trade will stay in the UK and be taxed under UK jurisdiction.

FB: Roundup: Serum Institute of India, Ferrero, News Corp

March 22, 2021

Poonawalla family’s Serum Institute under pressure to deliver Covid-19 vaccines, Ferrero-owned Thorntons exits shop estate for e-commerce, Murdoch’s News Corp wins content compensation from Facebook.

Poonawalla family’s Serum Institute under pressure to deliver Covid-19 vaccines

Serum Institute of India, the second-generation Poonawalla family business and the world's largest manufacturer of vaccines by volume, has delivered half of the agreed 10 million Oxford-AstraZeneca doses from India to the United Kingdom, contributing to the delay of the UK’s vaccination programme.

FB Roundup: Ferragamo, News Corp, H&M

January 29, 2021

Family distanced in revamped Ferragamo board amid slumping revenues, Rupert Murdoch ‘far from done’ at News Corp and warns of woke censorship, Crisis strategy helps H&M recover from lockdowns.

Family distanced in revamped Ferragamo board amid slumping revenues

The Ferragamo family is expected to streamline the management board of its luxury goods brand as it attempts to rally from the coronavirus impact on its global revenues.

FB Roundup: Shun Tak Holdings, News Corp, Exor

June 1, 2020

Daughter Pansy Ho succeeds Macau casino kingpin Stanley Ho, coronavirus crumbles Murdoch’s media empire foundations, John Elkann of the Agnelli dynasty shares Exor’s Covid-19 strategy.

Daughter Pansy Ho succeeds Macau casino kingpin Stanley Ho

Stanley Ho, the flamboyant patriarch who transformed Macau from a Portuguese outpost into the world’s gambling capital, has died at the age of 98, leaving his daughter Pansy Ho as the heir apparent.

FB Roundup: James Murdoch, Musgrave Group and Henkel

January 16, 2020

Next gen James Murdoch’s burning rift with father’s media empire, revamped Musgrave Group snaps up drinks distributor and the World Economic Forum hails Henkel as frontrunner in the fourth industrial revolution.

Next gen James Murdoch’s burning rift with father’s media empire

James Murdoch, heir of Rupert Murdoch, has publicly criticised his family’s media empire for climate change denial as lethal bushfires blaze in Australia.

Ones to watch: family business appointments from the last year

January 11, 2016

Several next gens were appointed to the helm of their family businesses in 2015. From Michael Hill International in Australasia to France's Pernod Ricard, we look at whose been left in charge.

Emma Hill, Michael Hill International (New Zealand/Australia)
Promoted: November 2015

Lessons on family business succession from Rupert Murdoch

June 19, 2015

The Murdoch family likely had a considerable amount of discussion and debate about the succession of brothers James and Lachlan Murdoch to the helm of 21st Century Fox, a US family business expert says, and did well to keep those discussions contained.

Earlier this month it was revealed that Rupert Murdoch was standing back as chief executive of the movie and entertainment studio, appointing his sons to top positions within the company, with James becoming chief executive.

Murdoch’s succession plan becomes clearer with appointments for both sons

June 12, 2015

Rupert Murdoch, the second-gen head of media empires 21st Century Fox and News Corp, has stepped back as chief executive of the former so his son James can step into the spotlight.

Rupert Murdoch, the second-gen head of media empires 21st Century Fox and News Corp, has stepped back as chief executive of the former so his son James can step into the spotlight.

The US media tycoon will remain chairman of both companies. James has been working as co-chief operating officer at the movie studio since last year.

His brother, Lachlan, who was last year appointed non-executive co-chairman of 21st Century Fox, will now be an executive co-chairman. He will move from Sydney to Los Angeles to take up the role.

News Corp shareholders voice disapproval at family control

November 18, 2014

Independent shareholders have voted overwhelmingly to abolish the dual class share structure of media empire News Corp at its recent annual meeting, but Murdoch family control means the company will stick with the status quo.

The Murdoch family holds 40% of the voting rights in the publishing empire, despite owning just 12% of shares, allowing it to effectively control the company with a minority shareholding.

Elisabeth Murdoch steps down from family media empire

October 1, 2014

Rupert Murdoch’s daughter Elisabeth is set to leave the family media empire, stepping down from the helm of 21st Century Fox subsidiary Shine Group, which she founded in 2001.

Rupert Murdoch’s daughter Elisabeth is set to leave the family media empire, stepping down from the helm of 21st Century Fox subsidiary Shine Group, which she founded in 2001.

She served as chief executive of the British television production company, which delivers shows such as MasterChef and The Biggest Loser, until 2011, when her father’s company bought the business.

She has since served as a chairwoman.