CNBC is reporting tonight that News Corp. CEO Rupert Murdoch–who’s due to testify in the News of the World phone hacking scandal before the British Parliament Tuesday–is “considering” stepping down as the company’s CEO. He would be replaced, CNBC reports, by COO Chase Carey.
Bloomberg, citing individuals “with knowledge of the situation” describes the elevation of Carey as something News Corp., not Murdoch, is considering:
A decision hasn’t been made and a move depends on Murdoch’s performance before Parliament Tuesday, said the people, who weren’t authorized to speak publicly. Murdoch would remain chairman, the people said.
Executives are concerned Murdoch, 80, won’t do well answering questions, two people said.
Watch the report from CNBC below:
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