A day after the Parliament committee investigating phone-hacking declared Rupert Murdoch "not fit" to lead a major media company, News Corp.'s board of directors announced on Wednesday its full vote of "confidence" in their chairman and chief executive.
Here's News Corp.'s full statement:
The Board of Directors of News Corporation met today and announced its full confidence in Rupert Murdoch's fitness and support for his continuing to lead News Corporation into the future as its Chairman and CEO. The Board based its vote of confidence on Rupert Murdoch's vision and leadership in building News Corporation, 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.
On Tuesday, the select committee released the 125-page report on phone hacking, concluding that Murdoch "turned a blind eye and exhibited willful blindness to what was going on in his companies and publications."
The committeeRead More »from News Corp. board on Murdoch’s ‘fitness’: We have ‘full confidence’ in CEO