Chase Carey

Chase Carey
Chase Carey
Born 1954 (age 57)
United States
Occupation COO and Deputy Chairman of News Corporation, executive, businessperson

Chase Carey is the President, Chief Operating Officer (COO), and Deputy Chairman of News Corporation,[1] a major international media conglomerate.

Contents

Education

Carey received his bachelors degree from Colgate University and an MBA from Harvard, where he was a member of the Harvard Business School Rugby Club.

While attending Colgate he joined the Delta Upsilon Fraternity. Today, Carey is a Trustee Emeritus of Colgate University.

Career

Early career with Fox

Carey first came to work with Fox, a News Corp holding, in 1988.[2] Over the course of the following decade he served as COO of Fox, Inc., and CEO of Fox Broadcasting. During this time he helped launch both Fox Sports and FoxNews. He also served as co-COO of News Corporation, along with Peter Chernin.

DirectTV

During the time that Carey was working for News Corp, News Corp obtained controlling interest in Hughes Electronics, which at the time owned DirectTV, a satellite TV provider.[3] Carey had already served on the DirectTV board of directors,[4] and in 2003, Carey was chosen as DirecTV CEO.

At DirecTV, Carey had plans to add 1 million new subscribers a year,[5] and had met that goal when he left the company six years later.[6] By all accounts, Carey's tenure at DirecTV was considered successful, bringing the company back to profitability.[7]

In 2006, News Corporation sold its controlling interest in DirecTV to Liberty Media, in exchange for News Corp shares.

Return to News Corporation

In June, 2009, it was announced that Carey would be leaving DirecTV and returning to News Corp. He assumed the posts of President and COO that had been held by Chernin,[8] as well as the post of Deputy Chairman.

In August 2011 Rupert Murdoch tipped Carey to be his successor as CEO of News Corp. It was previously assumed that Murdoch's son James would succeed him. [9]

References

  1. ^ http://www.newscorp.com/corp_gov/bod.html
  2. ^ http://www.newscorp.com/news/news_420.html
  3. ^ http://www.businessweek.com/magazine/content/04_03/b3866010_mz001.htm
  4. ^ http://www.reuters.com/article/paidmediaAtoms/idUS75881764620090601
  5. ^ http://www.businessweek.com/magazine/content/04_03/b3866010_mz001.htm
  6. ^ http://dtv.client.shareholder.com/releasedetail.cfm?ReleaseID=387858
  7. ^ http://dtv.client.shareholder.com/releasedetail.cfm?ReleaseID=387858
  8. ^ http://articles.latimes.com/2009/jun/04/business/fi-ct-carey4
  9. ^ http://www.reuters.com/article/2011/08/10/us-newscorp-idUSTRE77967X20110810

External links


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