On Wednesday, the Financial Times reported that James Murdoch, the outgoing chief executive of 21st Century Fox and son of media mogul Rupert Murdoch, is the top candidate to replace Elon Musk as chairman of Tesla. Musk quickly tweeted a denial.
"This is incorrect," he said. In September, the U.S. Securities and Exchange Commission reached a settlement with Musk and Tesla over a tweet Musk sent in August, claiming falsely he was going to take Tesla private. Regulators decided Musk can stay on as CEO but must give up his chairmanship, and Tesla must also appoint two new independent directors to its board.
Murdoch is on the boards of 21st Century Fox and News Corp., and he joined the Tesla board last year as an independent director. While he has experience in the media world, he has none in manufacturing. The Financial Times said Murdoch has let it be known he wants to become chairman, but Tesla is looking at other candidates. In June, Reuters reported that the CtW Investment Group recommended against re-electing Murdoch as a Tesla director because he has a "troubled history as an executive and director" and already sits on too many boards. Catherine Garcia
When CBS News president David Rhodes announced Wednesday that 60 Minutes executive producer Jeff Fager was out at the network, he said it wasn't due to a woman recently accusing Fager of sexual harassment, but rather because he "violated company policy."
Later in the day, the CBS Evening News shared with viewers the text message that crossed the line, sent from Fager to national correspondent Jericka Duncan. Duncan has been reporting on the misconduct allegations rocking CBS, and asked Fager for comment Sunday after TheNew Yorker published an article that included an accusation of sexual harassment against Fager. Fager warned Duncan that if she repeated "these false accusations without any of your own reporting to back them up, you will be responsible for harming me. Be careful."
He went on to tell Duncan that over the years, "there are people who lost their jobs trying to harm me and if you pass on these damaging claims without your own reporting to back them up that will become a serious problem." Fager released a statement saying that his "language was harsh, and despite the fact that journalists receive harsh demands for fairness all the time, CBS did not like it. One such note should not result in termination after 36 years, but it did." Catherine Garcia