James Murdoch is set to replace Nicholas Ferguson as chairman of European pay-TV operator Sky in April; Ferguson has been on the company’s board for 12 years.
Per that board, the decision to step down was Ferguson’s. After joining the corporate leadership group as a non-executive director in 2004, Ferguson was appointed as chairman in 2012, and is credited with leading the company through transactions that united the Sky businesses across Europe.
Murdoch (pictured above), a son of media mogul Rupert Murdoch, has been a director of Sky since February 2003. He previously served as chief executive from November 2003 to 2007, and as chairman from 2007 to 2012.