News Corp. Restructures Governmental Affairs
Knee-deep in politicians looking to keep the pressure on News Corp. over a phone-hacking scandal that has dented the conglomerate's reputation, as well as profits at its publishing businesses, the company said Monday it will consolidate its government-affairs activities under Michael Regan.
The restructuring includes the promotion of Frederic Michel to the newly created role of senior vp of government affairs and public policy for Europe. Michel will report to Regan, the executive vp of government affairs who, for 11 years, has been running News Corp's. Washington D.C. operations.
Joe Welch, the Hong Kong-based senior vp of government affairs for Asia, will also report to Regan.
The restructuring did not include additions to, or departures from, the small unit of roughly 10 people.
"This move will ensure that we have a clear coordinated focus on legislative and regulatory issues across all the territories in which we operate," said James Murdoch, deputy COO and chairman and CEO of international.