FOX News announces another MAJOR resignation: ‘This is a significant day for all’

Fox News released the following statement late Monday about its latest shake up in senior management.

Bill Shine, Co-President of FOX News Channel (FNC) since August 2016, has resigned and will leave the company after helping the transition over the next few weeks, announced Rupert Murdoch, Executive Chairman of 21st Century Fox. Shine has been with FOX News since its inception over 20 years ago.

In making the announcement, Mr. Murdoch said, “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.”

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. Jay also joined FOX News in 1996.

Mr. 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.

FOX News Channel (FNC) is a 24-hour all-encompassing news service dedicated to delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most-watched television news channel for 15 years and according to a Suffolk University/USA Today poll, is the most-trusted television news source in the country. Owned by 21st Century Fox, FNC is available in 90 million homes and dominates the cable news landscape, routinely notching the top ten programs in the genre.

Related: Fox makes Bill O’Reilly’s ousting official with statement … and look who’s moving to primetime

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