Chairman and CEO of News Limited Steps Down

News Corporation Chief Rupert Murdoch (C) speaks to the media after meeting the family of murdered British school girl Milly Dowler in London, on July 15, 2011. Rupert Murdoch will use advertisements in British national newspapers on Saturday to apologise for "serious wrongdoing" by his News of the World tabloid, News International said. AFP PHOTO/BEN STANSALL (Photo credit should read BEN STANSALL/AFP/Getty Images)
Rupert Murdoch.Photo: BEN STANSALL/2011 AFP

Another one bites the dust in the wake of the (growing) News Corp. phone-hacking scandal: John Hartigan, Chairman and CEO of News Limited, a large Australian newspaper publisher owned by News Corp., will step down from his posts at the end of the month. At that time, Rupert Murdoch will replace him as chairman. “John’s decision will end a distinguished 41 year career with News in which he has given us exemplary service and incredible leadership,” Murdoch said.