Oct 12, 2017
Sky deal: James Murdoch faces shareholders at annual meeting
James Murdoch is poised to defend his position as Sky's chairman at its annual shareholder meeting on Thursday. A trio of advisory firms have called on shareholders to rebel against Mr Murdoch, who is chief executive of 21st Century Fox and sits on its board. One investor, Royal London, which owns £44m in Sky shares, has criticised the dual position as "Inappropriate", amid Fox's attempted bid to take over Sky. A Sky spokeswoman said Mr Murdoch was "Uniquely well-placed" to be chairman. "Minority shareholders at Sky would be better served by a truly independent chairman," said Ashley Hamilton Claxton, the firm's corporate governance manager.
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