Chase Carey Leaves DIRECTV To Join News Corp.
Chase Carey has been the President and CEO of DirecTV since December 2003. This past week Carey stepped down from DirecTV and joined News Corporation to replace Peter Chernin. At one point, News Corp. even owned 34% of DirecTV. When Carey joined DirecTV, he left News Corporation.
To find a replacement for Carey, DirecTV formed a director committee. As a temporary replacement EVP of Legal, HR, and Administration Larry Hunter has become the interim CEO of DirecTV.
“Chase has been an important advisor and a close friend to me for several decades,” stated Murdoch. “I know that his leadership, strategic capabilities and more than 15 years of experience at our company will prove invaluable as we face the challenges and opportunities before us.”
[via LA Times]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry