Proxy advisory firms’ calls for a negative vote against News Corp. directors had little impact on the final outcome of the voting result as all directors were re-elected to the board, while its Chairman and Chief Executive, Rupert Murdoch retained his hold on the company.
The margin of victory for many News Corp. directors, however, including Rupert’s sons James Murdoch and Lachlan Murdoch was narrow and is likely to raise eyebrows, since independent shareholders largely voted against keeping them on the board.
