Robert Thompson, Information Corp.‘s CEO, is having his contract prolonged by a further 5 years.
The media firm—which contains primarily print and digital property resembling The Wall Avenue Journal and Dow Jones, in addition to the New York Submit and guide writer HarperCollins—introduced the extension Sunday, stating that Thompson will proceed in his position till June 2030.
He has been within the management position with Information Corp. since 2013.
With reference to Thompson’s tenure, the corporate mentioned in an announcement that with him on the helm, Information Corp. “has undergone vital transformation, with a deal with strategic investments in its core development pillars—Dow Jones, digital actual property providers and guide publishing—and delivered its 4 most worthwhile years from fiscal 2021 to 2024, with continued robust efficiency in fiscal 2025.”
Thompson has notably been spearheading the march into synthetic intelligence, having signed landmark agreements the place Information Corp. receives compensation for licensing its mental property to main know-how platforms, together with OpenAI.
Information Corp. chair Lachlan Murdoch mentioned in an announcement, “Robert has been instrumental in Information Corp.’s development and transformation, and his imaginative and prescient and management are extraordinarily necessary as the corporate continues to navigate this period of fast change.”
He added, “Robert has created distinctive shareholder worth, orchestrated a significant transformation of our asset base, and made strategic investments in development drivers like Dow Jones, digital actual property providers, and guide publishing. He is a vital voice within the battle for publishers and journalists within the digital age and a robust advocate for mental property rights. I look ahead to his continued management.”
