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22/02/2008

News Corp Promote Williams

News Corporation has promoted Mark Williams to Chief Financial Officer for Europe and Asia.
Williams, currently Chief Operating Officer at Sky Italia, will move to the London-based role at the end of March, reporting to James Murdoch, who is based at News International’s Wapping HQ.
Williams will take over the duties of News International’s chief financial officer Stephen Dainith, as well as acting as Chief Financial Officer across News Corp’s operations in Europe and Asia, including Sky Italia and Star TV.
Williams commented: “I’m extremely excited to be taking on this new position working for James across the breadth of News Corp activities throughout Europe and Asia, ranging from operations in eastern Europe to the already very successful UK newspaper business.”
Williams joined News Corp in 1966 as chief financial officer of Australian pay-TV operation Foxtel. In January 2003, he was appointed chief operating officer of Sky Italia, based in Milan.
News Corp’s UK subsidiary News International, owns Times Newspapers, publisher of The Times and The Sunday Times; and News Group Newspapers, publisher of The Sun and News of the World.
News Corp posted total revenues of $30 billion in September last year.
(DS)
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