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FOXA > SEC Filings for FOXA > Form 8-K on 13-Jun-2013All Recent SEC Filings

Show all filings for NEWS CORP

Form 8-K for NEWS CORP


Change in Directors or Principal Officers, Financial Statements and Exhibits

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On June 13, 2013, News Corporation (the "Company") announced that David F. DeVoe will retire as Chief Financial Officer of the Company at the end of the fiscal year. Mr. DeVoe will maintain his seat on the Company's Board of Directors and remain employed by the Company under the terms of his current employment agreement as a Senior Advisor. On the same day, the Company announced that John Nallen has been appointed Senior Executive Vice President and Chief Financial Officer of the Company, which will be re-named Twenty-First Century Fox, Inc. and hold the Company's media and entertainment businesses following the Company's separation on June 28, 2013 into two independent publicly-traded companies. Mr. Nallen's appointment is effective July 1, 2013.

Mr. Nallen, 56, has served as Executive Vice President and Deputy Chief Financial Officer of the Company since 2001, focusing on capital market and merger and acquisition transactions and overseeing various functional areas, including corporate finance, tax, corporate IT, internal audit and planning and analysis. He joined the Company in 1995 after 16 years at Arthur Andersen where he became a CPA and a partner leading its Media Industry Practice.

The compensatory arrangements for Mr. Nallen's service as Senior Executive Vice President and Chief Financial Officer have not yet been determined.

Mr. Nallen has neither family relationships nor related person transactions with the Company that would require disclosure under Items 401(d) or 404(a) of Regulation S-K in connection with his appointment described above.

A copy of the Company's press release announcing the above matters is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

Number      Description

99.1         Press release of News Corporation, dated June 13, 2013.

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