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    James Murdoch to quit GSK board

    LONDON (Reuters) - News Corp executive James Murdoch, under pressure from a phone-hacking scandal at the News of the World tabloid, is to quit the board of drug maker GlaxoSmithKline as he spends more time on his new role in the United States.

    Murdoch was promoted last March to become News Corp's deputy chief operating officer and head of its international operations, in a move seen at the time as confirming his status as heir apparent to his father Rupert Murdoch's media empire.

    But his move to the company's headquarters in New York was delayed by the escalation of the scandal at the now-defunct tabloid, which fell within his previous remit as chief executive for Europe and Asia.

    The scandal has cast doubt on his future career and his suitability to continue as chairman of British satellite broadcaster BSkyB, a company he previously ran and in which News Corp owns 39 percent.

    News Corp also announced Friday that Murdoch's right-hand man, Matthew Anderson -- head of strategy and corporate affairs for Europe and Asia -- would step down at the end of March to return to his native San Francisco Bay area.

    GlaxoSmithKline said in a statement: "James has taken this decision to focus on his current duties as non-executive chairman of BSkyB, and following his decision to re-locate to the United States, as chairman and chief executive, international, of News Corporation."

    Britain's biggest pharmaceutical company also announced a raft of other changes to its board: Crispin Davis, Robert Wilson and Larry Culp will step down in 2013. Murdoch will not stand for re-election at this year's shareholder meeting in May.

    Murdoch, 39, also recently quit the boards of the publishing units within News Corp's British newspaper arm.

    GSK said board members were expected to attend half a dozen two-to-three-day board and committee meetings a year plus travel and other meetings. Murdoch was paid 98,000 pounds in shares for serving on GSK's board in 2010.

    At the height of the phone-hacking scandal in July, GSK said Murdoch had made a "strong contribution" to the firm and would stay on its board but added that it would watch investigations into the phone-hacking scandal.

    Murdoch took charge of News International only after the phone-hacking had taken place, but has been accused of either leading a cover-up or not taking adequate action to ascertain the scale of the problem.

    He has denied all knowledge of phone hacking and blamed many of those around him.

    Last week, News International settled a string of legal claims after it admitted that people working for the paper had hacked in to the private phones of celebrities and others to generate stories.

    A British parliamentary committee is due to publish a report in the next few weeks over the scandal, which could criticise Murdoch for his handling of the matter.

    James Murdoch is also on the board of the auction house Sotheby's, which is listed in the United States.

    (Additional reporting by Adveith Nair; Editing by David Cowell)

     

    50 comments

    • Len G  •  London, United Kingdom  •  27 days ago
      £98,000 per year, for 18 days work per year. then the private industry suggests nhs doctors and nurses, are lazy and paid too much.
    • les358  •  Edinburgh, United Kingdom  •  27 days ago
      Murdoch is at best of highly dubious character and totally lacks integrity,quite why any respectable responcible company would want any association with him beggars belief..
    • BLUMSKI  •  27 days ago
      this man should be in prison.
    • brian  •  Bromsgrove, United Kingdom  •  26 days ago
      good riddence, you have been caught, we should be sending you to jail, you must have attended the best schools money can buy to lie the way you do.
    • Pete  •  Madrid, Spain  •  26 days ago
      Strange laws in the UK. A Stalker goes to prison as well as paying compensation to his victim. An internet hacker risks extradition to the US and probably prison. Yet the Murdochs, Rebekah Brooks and others can afford to pay out huge sums in damages when they are not justified but seem to benefit from immunity from illegal acts. And of course Mr Murdoch wants to spend more time in the U S. I bet he does. Either what they did was illegal and they should face court or it isn't. Can we know please.
    • Pete  •  Madrid, Spain  •  26 days ago
      Murdoch on the board of GKS? Now what on earth were his qualifications to sit on the board of a drug company when he appears to be ignorant of dubious events in his own company. This is what is wrong with our corporate boardrooms. They all have chairmen and directors of other companies on their board to make sure their remuneration packages and bonuses are secured
    • david  •  Columbus, Ohio  •  27 days ago
      he should be in prison with the rest of the family
    • Mike  •  Milan, Italy  •  27 days ago
      Why is he on this board and and at what salary?
      A strong contribution - Hmmm.
      Sounds like yet 'another' job for the boys!
    • M R  •  26 days ago
      shame on sothebys, why is this lying rat on their board ? oh i forgot, he's rich, that explains everything
    • rockycoffee  •  Doncaster, United Kingdom  •  26 days ago
      this guy has some serious clout behind him, nothing is going to happen to him, hasnt anyone noticed, we always get screwed by the powers that be, but what happens to them when their in the wrong, pulled away from the public until we all forget, end of the day, rich vs the less well off, the rich always win, and it seems to be gettin worse in every walk of life
    • kir  •  27 days ago
      Bet he doesn't get his door kicked in and arrested at five o'clock in the morning
    • John  •  St Albans, United Kingdom  •  27 days ago
      Check out the media-led campaign (NOTW particularly) against Dr Andrew Whitehouse. Parents with autistic children claim that GSK (who make the MMR jab) damaged their children. Dr Whitehouse NEVER claimed this was so, but merely investigated the claims. A witch-hunt against him thus followed. Murdoch was on the board of GSK. Co-incidence?
    • Nathan  •  Milton Keynes, United Kingdom  •  27 days ago
      Does this seem dodgy to anyone else?
      I mean - two evil masterminds working together?
    • DON  •  Manchester, United Kingdom  •  27 days ago
      "and following his decision to re-locate to the United States" ...

      marvellous, brilliant, superb, happy days, silver lining for all dark clouds, ecstatic, joyful ...

      I'm so so so glad you're leaving my country in which you've done so much damage, now go live elsewhere ... whoopppeeeeeee :-)
    • phillip h  •  London, United Kingdom  •  26 days ago
      think the sun newspaper should stop trying to run the country and stop its campaign against the sick and disabled and put its own house in order,would not believe the date in the sun without first looking at a calender! corrupt paper corrupt murdochs
    • R.P. Murphy  •  Crewe, United Kingdom  •  27 days ago
      Does nobody else think that it is very very dodgy, that a man in such a strong position in the media is also on the board of this other Multi-national corporation.
      If either job, was so hard as to justify the massive wages he gets from both, how would he have time to do them both?
      This just goes to show how ludicrous the system is.
      We get told that bankers earn their large salaries because they are so intelligent and skillful. Lies! What is banking except some very basic mathematics coupled with the ability to lie and defraud.
      Lawyers? Being a lawyer is a hard profession to master, but that is only because the law is kept deliberately complicated, so as to confuse most people and justify large salaries.
      Politicians? Now this is the biggest scam of all. They do nothing. They cannot solve our problems. They can only win votes, take and allocate money, take credit and apportion blame.
      And CEO's. Most companies would run perfectly fine without someone at the top. It's the people throughout the whole structure who do all the work.
    • M R  •  26 days ago
      he can quit living for all i care
    • Terry  •  Manchester, United Kingdom  •  26 days ago
      What were GSK thinking having this criminal on the board? Unless their all bandits and criminals. I think so !!!! All pissing in the same pot.
    • DAVID  •  26 days ago
      They whispered in his favourite mobile listening ear...'Look kid...you either resign or risk being voted off the board. It would look better if you resigned.'
    • JEAN HISLOP  •  26 days ago
      The man is a 21st century criminal of the worst kind and should be facing charges worldwide.
      Just to keep it "top of mind" for all, If it quacks like a duck, waddles like a duck, IT's A DUCK!
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