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James Murdoch to leave Sotheby`s board

Last Updated: Saturday, March 17, 2012 - 11:25

London: News Corp`s James Murdoch will not seek re-election to the board of auction house Sotheby`s, according to a regulatory filing.

Murdoch will leave the board to focus on his core responsibilities as deputy chief officer at News Corp, the filing said.

The move follows demands for Murdoch`s resignation after he was embroiled in the phone hacking scandal at his company.

Murdoch, son of News Corp chairman Rupert Murdoch, was a director on Sotheby`s board for two years.

The hacking scandal exploded last July as a stream of revelations over the hacking of crime victims and Britain`s war dead sparked a wave of public revulsion which forced the closure of the mass-selling 168-year-old News of the World.

Murdoch, 39, resigned from the board of GlaxoSmithKline Plc in January. He also resigned as executive chairman of scandal-ridden News International, in February.

Bureau Report

First Published: Saturday, March 17, 2012 - 11:25

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