|Under pressure from phone hacking scandal, James Murdoch leaving board of Sotheby's|
File photo of the then Chief executive of News Corporation Europe and Asia, James Murdoch. AP Photo/Sang Tan.
LONDON (AP).- News Corp. executive James Murdoch, under pressure over his role in Britain's tabloid phone hacking scandal, is stepping down from the board of Sotheby's, the auction house has said.
In a filing to the U.S. Securities and Exchange Commission on Friday, the auctioneer said Murdoch had decided not to stand for re-election at Sotheby's May 8 annual meeting in order to focus on his role as News Corp.'s deputy chief operating officer.
The auctioneer said Murdoch had been "a valued member of the Sotheby's board."
"Sotheby's will seek to find opportunities to continue to engage with Mr. Murdoch in the areas of his expertise," it said.
Murdoch, the younger son of media mogul Rupert Murdoch, has been shedding posts to concentrate on his role in his father's television business as News Corp. struggles to shake off the phone-hacking furor.
Last month he quit as chairman of News International, News Corp.'s British newspaper division. He also has resigned from the board of drug maker GlaxoSmithKline PLC.
James Murdoch has repeatedly denied knowing about widespread phone hacking at the now-shuttered News of the World tabloid, though his account has been contradicted by former associates.
In a letter to British lawmakers this week, James Murdoch acknowledged that he could have done more to get to grips with wrongdoing at the newspaper, but insisted he had been misled and given "false assurances" by subordinates.
Rupert Murdoch shut down the News of the World in July amid a wave of bad publicity and plummeting advertising revenue due to the hacking revelations.
Copyright 2012 The Associated Press.
March 18, 2012
"Culture of Sensuality" at Schiller Museum reveals a view of Weimar Classicism
NGA images, a new collection image resource, and open access policy launched by National Gallery of Art
Rare Marilyn Monroe photos, letters, telegrams and a money clip to be sold at Julien's Auctions
Did Washington Monument sink or tilt from quake? Government surveyors trying to find out
Ambitious Vatican restoration of the statue-topped colonnade that cradles St. Peter's Square moves ahead
New Morgan exhibition explores the relationship between animals and the artistic imagination
Under pressure from phone hacking scandal, James Murdoch leaving board of Sotheby's
United States Art Critics Association announces annual awards to honor artists, curators, museums, galleries
Important books, atlases, and manuscripts: Christie's to offer the library of Kenneth Nebenzahl
Egyptomania reveals the West's enduring romance with Egypt and its dramatic influence on decorative arts
Metamorphosis of Japan after the War: Photography 1945-1964 on view at Berlin's Museum for Photography
Pace Gallery exhibition explores the influence of myths and archetypes of Abstract Expressionism
Masterpieces to celebrate a special occasion: TEFAF Maastricht's silver jubilee
Munier painting, Russian porcelain and Jewelry to highlight Grogan's March auction
Berlin Holocaust memorial undergoing repairs
Jimmy Robert conceives an exhibition at Jeu de Paume that inhabits language as a non-place
Titanic museums to mark anniversary of sinking
New York based artist, writer, and Director of Behavior Michael Portnoy exhibits at Ibid Projects
New York City's Anne Frank Center opens in new location
Most Popular Last Seven Days
1.- Jackson Pollock work "Number 19, 1948" sells for record $58.4 million at Christie's
2.- Exhibition of nude photography around 1900 on view at Berlin's Photography Museum
3.- Belize City officials say ancient thirty-meter high Mayan pyramid razed for road fill
4.- Hidden drawings from Nazi concentration camp on display at Jewish Museum in Berlin
5.- Records fall at Sotheby's contemporary art auction; Barnett Newman painting sells for $43.84M
6.- Death mask of Napoleon to be auctioned at Bonhams' Book, Map and Manuscript sale
7.- New Yorkers unnerved by neighbor's voyeuristic photos on view at Julie Saul Gallery
8.- Rare Vincent Van Gogh sketchbook copies up for unprecedented sale at museum store and online
9.- Leonardo DiCaprio environmental art auction at Christie's New York tops $38 million
10.- Hong Kong cries fowl as giant rubber duck by Dutch artist Florentijn Hofman deflates
Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .
|Royalville Communications, Inc|