News Corp. has promoted Jeremy Philips to EVP/office of the chairman and will focus on acquisitions and strategy across the company and will oversee Internet investments. He will continue to report to News Corp. chairman/ceo Rupert Murdoch.
Philips, 33, will also join the company's executive management committee.
Prior to joining News Corp., Philips was vice-chairman of ecorp Ltd., and worked at Citigroup and McKinsey & Co.
News Corp. (www.newscorp.com) had total assets as of Sept. 30, 2005, of approximately $55 billion and total annual revenues of approximately $24 billion. It is a diversified international media and entertainment company with operations in eight industry segments: filmed entertainment (20th Century Fox, Fox Searchlight Pictures, Blue Sky Studios); television (FOX Broadcasting Co.); cable network programming (FX, National Geographic Channel); direct broadcast satellite television (DIRECTTV, BSlyB, FOXTEL, Sky Italia); magazines and inserts (TV GUIDE, THE WEEKY STANDARD); newspapers (more than 175 different newspapers); book publishing (HarperCollins Publishers); and other. The activities of News Corp. are conducted principally in the U.S., Continental Europe, the U.K., Australia, Asia and the Pacific Basin.
