James Murdoch re-elected to BSkyB board

James Murdoch, deputy chief operating officer of News Corporation, has been reappointed as a non-executive director of BSkyB with the support of 95% of shareholders.

James Murdoch: re-elected to BskyB board
James Murdoch: re-elected to BskyB board

Murdoch, who stepped down from his former position as chairman of BSkyB in April this year but remains on the board as a director, received the support of 95.02% of the shareholders who cast votes at Sky's annual general meeting today.

The vote results today suggest that shareholders are putting Murdoch's role in the News of the World phone hacking scandal in the past. Last year, four months after News Corp pulled out of its bid for Sky, Murdoch received the support of just 75.4% of shareholders.

It is understood that two shareholders publicly expressed concern about Murdoch's role in the meeting this morning.

News Corp owns 39.1% of Sky and if the proportion of votes cast by News Corp is excluded, Murdoch received the support of 90.5% of independent shareholders today, up from 57.7% last year.

Jeremy Darroch, chief executive of Sky, received the overwhelming support of Sky shareholders with 99.74% of the votes cast in favour of his re-election. Just 0.26% of shareholders voted against Darroch’s re-election.

Tom Mockridge, who is chief executive of News Corp’s UK publishing arm News International, received the support of 95.92% of shareholders who cast votes.

Nicolas Ferguson, the senior independent non-executive director who replaced Murdoch as chairman in March, was also re-elected without drama: he received the support of 99.54% of votes cast today.

The report on directors’ remuneration, which included £7.3m in cash and shares for Darroch, was supported by 88.63% of votes cast. Of the shareholders who voted, 11.37% voted against the report.

Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

Omnicom dispute to drive down Channel 5 prices in H2

Omnicom dispute to drive down Channel 5 prices in H2

Omnicom's trading dispute with Channel 5 is expected to drive down the broadcaster's prices by an estimated six per cent year on year, according to an internal Channel 5 document seen by Campaign.

Share
Aga targets city homes with cooker campaign

Aga targets city homes with cooker campaign

Aga, the British cooker brand indelibly linked with the upper-middle classes and their country homes, has released a campaign for its city oven.

Share
David Abraham MacTaggart lecture: full text

David Abraham MacTaggart lecture: full text

Read the full text of David Abraham's speech, called 'After The Gold Rush: Sustaining creative risk in UK television for the next generation', given at the Edinburgh International Television Festival.

Share

Get news by email