2/29/2012

James Murdoch Resigns From News International Post

James Murdoch has stepped down as executive chairman of News International, although he will remain deputy chief operating officer of parent group News Corporation.

The newspaper publisher which owns the Sun and the Times titles has been plagued by phone-hacking allegations.

The News of the World title closed last July as a result of the scandal.

James, 39, said: "I deeply appreciate the dedication of my many talented colleagues at News International who work tirelessly to inform the public and am confident about the tremendous momentum we have achieved under the leadership of my father and Tom Mockridge.

"With the successful launch of The Sun on Sunday and new business practices in place across all titles, News International is now in a strong position to build on its successes in the future."

(GK)

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