Australia’s highest-paid chief executive, Robert Thomson, has signed a five-year extension to continue running Rupert Murdoch’s News Corporation, keeping the former newspaper editor at the helm of the company until the next decade.
News Corp told investors on Monday that Thomson had an exceptional record leading the company since he joined in 2013. It highlighted his sale of pay TV network Foxtel to sports streaming service DAZN, his commercial deal with artificial intelligence firm OpenAI and acquisitions made by its Dow Jones division.