/// Elisabeth Murdoch to Resign as Shine Group CEO

July 13, 2012  |  Media Week

A little over a year after News Corp. bought Shine Group—a television and film production company owned by Elisabeth Murdoch— she is stepping down as its CEO, choosing Alex Mahon as her successor . Mahon, the company's chief operating officer, joined Shine Group in 2006 as a managing director of Shine TV. Beginning this September, Mahon will assume the role of chief executive with responsibility for the day-to-day management of Shine Group's 28 operating companies. Murdoch will remain chairman. Murdoch reportedly made the change because she believes Shine's growth “requires the chairman and CEO roles to be distinct and separate.” Not everyone believes this to be the real reason behind the shift. Some Wall Street observers cited by The Hollywood Reporter

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