A day after Lachlan Murdoch took over

sole executive power

chairman of Fox Corp.

oration

The company is nominating two new members to its board of directors, according to a regulatory filing.

Anne Dias is leaving the board and expressed her concerns about the state of affairs in the company

politics

leaning right

talk news

Fox News channel reported on former President Trump in the days following the insurrection at the Capitol on January 6, 2021. Dias, who heads an investment fund, and Jacques Nasser, a businessman and philanthropist, will

both will

end their terms in November.

Peggy Johnson, CEO of the technology company Magic Leap, and Tony Abbott, a former prime minister of Australia, are the nominees to replace Dias and Nasser. Shareholders will vote on the nominees at the company’s annual meeting to be held on November 17 on the Fox studio lot

in Century City

.

“I would like to thank Anne Dias and Jacques Nasser for their many years of service to the company and for their valuable contributions to the Board of Directors and to Fox as a whole,” Lachlan Murdoch said in a statement. “I welcome the nominations of Peggy Johnson and Tony Abbott to the Board of Directors. They bring skills, experience and perspectives that will contribute to the Board of Directors and benefit Fox.”

Rupert Murdoch on Thursday

announced

After retiring as chairman of Fox and publisher News Corp., owner of the Wall Street Journal and New York Post, Lachlan Murdoch was named chairman of Fox Corp. On Thursday he will take over from his father Rupert, who is retiring from the media empire after a 70-year career. Lachlan Murdoch, one of Rupert’s sons, becomes sole chairman of News Corp. and continuing as executive chairman and CEO of Fox Corporation.

Typically, changes in management attract little public attention

of

boards of directors in family businesses such as Fox and News Corp. Rupert Murdoch and his family own nearly 40% of Fox’s voting stock, giving them a lot of leeway to run the company as they see fit.

Dias, founder and CEO of Aragon Global Management, urged Lachlan Murdoch to “take a stand” after the Capitol riot by Trump supporters

who were

angry

about

the results of the 2020 elections.

The violence

led to the deaths of five people.

Given how important Fox News has been as a megaphone for Donald Trump, directly or indirectly, I think it’s time for Fox News or for you, Lachlan, to take a stand, Dias wrote in an email that was entered into evidence for Dominion. Voting Systems’ defamation lawsuit against Fox News. It’s an existential moment for the nation and for Fox News as a brand.

Lachlan Murdoch

Than

shared the email with his father.

Just tell her that we have spoken internally and intensively to this effect, and Fox News, which correctly called the election, is turning around as quickly as possible, Rupert Murdoch replied. We have to lead our viewers, which is not as easy as it seems.

Fox Corp. agreed to pay a $787.5 million settlement to Dominion in April. The voting software company claimed it was damaged because Fox News repeatedly presented President Trump’s false allegations of fraud in the 2020 election as a way to appease its audience.

The company is facing a similar lawsuit from Smartmatic, another voting equipment company that said it was defamed in Fox News reporting. That lawsuit is expected to go to trial in 2025.

Dias, who did not respond to a request for comment, was not the only board member to raise issues with the Murdochs regarding Fox News.

Fox Corp. board member Paul Ryan, a former Republican speaker of the House of Representatives, repeatedly pleaded with the Murdochs to “stop spreading election lies” on Fox News after the 2020 election. Ryan was assigned to the Dominion case.

Ryan has been nominated for a new term on the board.

New York City’s pension fund sues Fox Corp. and its board, because the company neglected its duty to shareholders by allowing Fox News to broadcast falsehoods, leaving it vulnerable to defamation lawsuits.