BusinessCompany NewsBSkyB finance boss Darroch replaces Murdoch as CEO

BSkyB finance boss Darroch replaces Murdoch as CEO

Jeremy Darroch moves to the top spot at satellite TV heavyweight after boardroom reshuffle

BSkyB’s finance boss Jeremy Darroch has been named as the organisation’s new
CEO.

His promotion comes as part of a raft of changes which will see Rupert
Murdoch step down as chairman to be replaced by his son James, BSkyB’s former
CEO.

BSkyB
said of Darroch’s appointment: ‘The decision follows a review of potential
candidates from inside and outside the company by the independent non-executive
directors.’

Since joining Sky in August 2004, Darroch has worked closely with James

Murdoch in setting strategic direction for the company and has been closely
involved in the running of the business at all levels.

He joined Sky from retail group DSG International (then Dixons Group), where
he held the position of group finance director.

BSkyB added: ‘The board has initiated the process to select a new CFO. A
further announcement will be made in due course.’

Further reading:

Q
&A: Jeremy Darroch, BSkyB’s CFO on the company’s results

.

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