When News Corp. paid $680 million back in February for the Shine Group, a television shingle Elizabeth runs, it was expected she would join the board .
Instead, as the phone-hacking scandal continues to trouble the company — particularly the elder Murdoch and his son James — Elisabeth decided it was best to wait.
As she has been the most outspoken and critical of the Murdochs throughout the scandal, it is perhaps unsurprising that she was the one who decided joining the board would reflect poor judgment.
Viet Dinh, an independent member of the News Corp. board, issued the following statement on behalf of the company:
“Elisabeth Murdoch suggested to the independent directors some weeks ago that she felt it would be inappropriate to include her nomination to the board of News Corp. at this year’s [annual shareholders meeting], as had been announced by chairman and CEO Rupert Murdoch at the time of the acquisition of Shine Group earlier this year. The independent directors agreed that the previously planed nomination should be delayed.”