Skip to comments.Murdoch names Post boss
Posted on 09/20/2005 4:18:44 PM PDT by Aussie Dasher
MEDIA magnate Rupert Murdoch has picked Paul Carlucci as publisher of The New York Post, to replace his son Lachlan Murdoch, who resigned from the company, the paper announced today.
Rupert Murdoch, chairman and chief executive of News Corporation (nws.ASX:Quote,News, which publishes NEWS.com.au,had briefly taken the reins of his beloved Post before deciding to give Carlucci, a 58-year-old New Yorker, a veteran at the daily, a chance at its helm. "Paul is without peer in the consumer advertising and marketing industry," Mr Murdoch said.
"He has a background in newspapers and has run the preeminent consumer advertising and promotional business in America for more than a decade, during which he has built an unparalleled network of contacts among retail advertisers."
Lachlan Murdoch, 34, long seen as the successor to his father, 74, in July announced he was leaving News Corp (nws.ASX:Quote,News) saying he wanted to return to Australia to raise his son Kalan with wife Sarah O'Hare.
Lachlan Murdoch resigned as News Corp's deputy chief operating officer and as chairman of News Limited, the Australian division.
Rupert Murdoch's only child remaining as an executive at News is James Murdoch, 32, chief executive of the group's 37 per cent-owned British pay-TV group BSkyB. He was now seen as Mr Murdoch's heir apparent.
Lachlan Murdoch's resignation prompted speculation of feuds with his father and the company's No2 executive, chief operating officer Peter Chernin.
There were also reports, denied by Rupert Murdoch, that the family was upset that Mr Murdoch was trying to have his two youngest children to third wife Wendi Deng included in the trust that owns the family's News Corp stake.
Rupert Murdoch's mother, Dame Elisabeth Murdoch, said in an August interview with The Bulletin magazine, that her son told her some time ago that Lachlan "did not seem 100 per cent happy".
Dame Elisabth said he was still involved in the company and could one day return "in a leading position."