3/04/2010

Murdoch's Son on Sotheby's Board?

Business week is reporting the son of News Corp owner Rupert Murdoh has been nominated for a seat on the borad of directors of Sotehbys.  Regardless of where you come down on News Corp (owns Fox and the Wall Street Journal) the addition might be of help with expansion in the digital and communications world.

The business week release is short, so I will post in its entirety.
James Murdoch, News Corp. executive and son of media mogul Rupert Murdoch, has been nominated to stand for election as a board member at the Sotheby's auction house.
Sotheby's cited the 37-year-old CEO of operations in Europe and Asia for his understanding of digital media and knowledge of Asia in its recommendation that he be elected to the board.
Sotheby's shareholders will vote for directors at the company's annual meeting in New York in May.
Shares rose $1.75, or 6.3 percent, to close at $29.71.

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