Breaking! Bill Shine Out as Fox News President
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In a surprise to absolutely no one, Fox News has announced that Bill Shine has "resigned" as President of Fox News.
21st Century Fox Executive Chairman Rupert Murdoch announced that Shine is leaving and he is once again shaking up the management ranks at Fox News.
“This is a significant day for all at FOX News. Bill has played a huge role in building FOX News to its present position as the nation’s biggest and most important cable channel in the history of the industry. His contribution to our channel and our country will resonate for many years,” Murdoch said.
It has been rumored for quite a while that Shine was going to be pushed out at Fox News. Shine was tight with former FNC CEO Roger Ailes and Fox News is in the middle of a clean sweep of the Ailes' regime.
Fox News star Sean Hannity has been strongly in Shine's corner since word started leaking out that his days were numbered.
Hannity learned Today that his ego is much bigger than his clout at Fox News.
Here is the other changes being made at FNC:
Jack Abernethy remains Co-President of FOX News and CEO of Fox Television Stations.
Suzanne Scott, Executive Vice President becomes President, Programming of FOX News Channel. Scott has been with FOX News since 1996, serving in all production and creative areas.
Jay Wallace, Executive Vice President of News becomes President, News of FOX News Channel.
Murdoch added, “Suzanne and Jay are recognized industry leaders. They have both played a large part in assembling the deepest bench of talented broadcasters and journalists. They will lead FOX News to an even more successful future.”
Additional appointments include:
Brian Jones, Executive Vice President of FOX Business Network becomes President, FOX Business Network reporting to Scott and Wallace.
Amy Listerman, formerly CFO of Scripps Networks Interactive, takes up her new responsibilities as CFO of FNC today.
Kevin Lord, Executive Vice President of Human Resources will take on the additional duties as Head of Compliance, reporting to Gerson Zweifach, Chief Corporate Counsel of 21st Century Fox.
