Tony Abbott nominated to Fox Corporation board of directors

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Former prime minister Tony Abbott has been nominated to the board of directors of Fox Corporation, a day after Rupert Murdoch announced he was stepping down and his son Lachlan Murdoch would become the sole chairman.

Fox Corporation, in a statement released on Friday (US time), announced Abbott’s nomination would be considered by shareholders at the annual meeting later this year. Technology executive Margaret “Peggy” Johnson has also been nominated.

Former prime minister Tony Abbott, pictured in May.Credit: James Brickwood

“I welcome Peggy Johnson and Tony Abbott’s nominations to the board,” Lachlan Murdoch said in a statement. “They bring skills, experience and perspectives that will contribute to the board and benefit Fox.”

The statement recognised Abbott’s contribution as the 28th Australian prime minister, Liberal leader and MP, and his role as an advisor to the UK Board of Trade since 2020.

Australian-born media mogul Rupert Murdoch, 92, announced on Thursday (US time) that he would transition from his roles as chair of Fox Corporation and executive chairman of News Corp in November.

Abbott has been contacted for comment.

There are presently six members of the board, in addition to the Murdochs, including former US house speaker Paul Ryan.

The Fox statement said investment executive Anne Dias and businessman Jacques Nasser have been directors since 2019, and will finish their terms of service after the 2023 meeting.

More to come.

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