( Los Angeles Times/TNS) - Two veteran Fox News executives will replace former chairman and chief executive Roger Ailes.
Bill Shine and Jack Abernethy will be co-presidents at the 21st Century Fox unit, reporting to its executive chairman, Rupert Murdoch. The company announced the appointments Friday.
Ailes departed on July 21, and Murdoch had been covering Ailes’s position in the interim.
Shine, who has been with Fox News since its launch in 1996, will oversee all programming aspects of the network, including production and talent management. Abernethy, who is also chief executive for Fox Television Stations, will oversee all of the business aspects of Fox News.
Fox News also announced that Mark Kranz is retiring from his post as chief financial officer.