Rupert Murdoch

Murdoch Needs to Work on Legacy After Destructive Fortnight

Rupert Murdoch needs to move quickly to secure his leadership legacy after the News International phone hacking scandal brought the 80-year-old billionaire to the brink of disaster after a lifetime of career success. Niamh O’Keeffe, who advises CEOs on their leadership legacy, says the Chairman and CEO of News Corporation is now in danger of being remembered mostly as the business leader whose journalists acted criminally in pursuit of stories and who oversaw the demise of Britain’s best selling newspaper. Last week, Murdoch said he was the best person to clean up News Corp and investors agreed with its stock rising by 5% on the same day he made that statement. Legacy advisor O’Keeffe agrees too, but believes he must now develop a comprehensive legacy strategy that can he... »