Rupert Murdoch's daughter Elisabeth will not join the board of directors at her father's scandal-hit media empire as planned, News Corporation has said. Officials said Elisabeth, 42, the owner of the television production firm Shine Group - which News Corp acquired earlier this year for £415 million ($672 million) - had felt it would be "inappropriate" to join the board.
The companies announced in February at the time of the purchase that the younger Murdoch would join the News Corp board, but that was before the media dynasty became embroiled in a massive phone hacking scandal in Britain. The chairman of the board's nominating committee, Viet Dinh, said Friday that "Elisabeth Murdoch suggested to the independent directors some weeks ago that she felt it would be inappropriate to include her nomination to the board of News Corp" as had been announced by her father.
The decision met with agreement by the directors, Dinh said in a statement. "Both Elisabeth and the board hope this decision reaffirms that News Corp aspires to the highest standards of corporate governance and will continue to act in the best interests of all stakeholders," he added.
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