Fox News President Roger Ailes will continue to report to Rupert Murdoch, despite looming realignment at 21st Century Fox.
Earlier on Thursday, it was revealed that Murdoch and 21st Century Fox COO Chase Carey will step down soon from their respective top posts at the media giant. Murdoch’s sons will be taking over the company, though neither he nor Carey are leaving completely.
Shortly after that news broke, Fox News reported that the hierarchy involving Ailes’ will remain unchanged, from a direct reporting structure at least. According to Fox News, “Ailes will continue to run the news network, reporting directly to Rupert Murdoch.”
The 84-year-old media mogul will continue on as executive chairman of Fox, ceding his CEO title to his son James. His other son Lachlan will become an executive co-chairman, with the two brothers expected to lead in tandem. Carey will remain with the company in an advisory role.
The effective date of the reorganization is still somewhat up in the air, but could occur this year or early in 2016. A 21st Century Fox spokesperson told TheWrap: “The matter of succession is on the agenda at our upcoming, regularly scheduled board meeting.”
Fox News did not immediately respond to TheWrap‘s request for further clarification on the entire organization’s reporting structure.