News Corp. board issues statement supporting CEO Rupert Murdoch
News Corp.'s board of directors offered their unanimous support for Chairman and Chief Executive Rupert Murdoch one day after Britain's Parliament issued a report on the phone hacking scandal that concluded the mogul was "not a fit person" to run the media conglomerate.
The directors met Wednesday and issued a statement that the members remain confident in Murdoch's fitness to lead News Corp. and support his remaining in charge.
"The board based its vote of confidence on Rupert Murdoch's vision and leadership in building News Corp., his ongoing performance as chairman and CEO, and his demonstrated resolve to address the mistakes of the company identified in the Select Committee's report," the company said in a statement.
The parliamentary report, issued Tuesday, concluded that three newspaper executives from News Corp.'s News International subsidiary misled the committee during its 2009 investigation into phone hacking at the London-based News of the World tabloid, which has since been shuttered. It also found that News Corp and News International failed to properly investigate possible wrongdoing -- and exhibited "willful blindness" to the questionable conduct.
-- Dawn C. Chmielewski
Photo of Rupert Murdoch and wife Wendi Deng Murdoch as they are driven from The Royal Courts of Justice after he gave evidence to a judicial inquiry into press ethics in Britain. Credit: Photo by Peter Macdiarmid / Getty Images.