News Corp Financial Chief Panuccio to Resign; Chandrashekar Named Successor

Dow Jones11-08 05:37

By Connor Hart

News Corp named Lavanya Chandrashekar as its next chief financial officer, succeeding Susan Panuccio, who plans to step down from the role on Jan. 1.

Chandrashekar, 52, has nearly 30 years of experience in international finance and investor relations, the New York media company said Thursday. She most recently served as chief financial officer at Diageo, and previously held senior positions at Procter & Gamble and Mondelēz.

In the role, Chandrashekar will receive an annual base salary of $1.4 million, in addition to incentive awards.

After stepping down, Panuccio is expected to serve in an advisory position for six months, helping to ensure a smooth transition. She said she plans "to take some much-desired time off to spend with my family."

News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

November 07, 2024 16:37 ET (21:37 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481415063?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-08 05:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2481415063","market":"fut","top_or_hot":-1,"title":"News Corp Financial Chief Panuccio to Resign; Chandrashekar Named Successor","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  News Corp named Lavanya Chandrashekar as its next chief financial officer, succeeding Susan Panuccio, who plans to step down from the role on Jan. 1. \n</p>\n<p>\n  Chandrashekar, 52, has nearly 30 years of experience in international finance and investor relations, the New York media company said Thursday. She most recently served as chief financial officer at Diageo, and previously held senior positions at Procter &amp; Gamble and Mondelēz. \n</p>\n<p>\n  In the role, Chandrashekar will receive an annual base salary of $1.4 million, in addition to incentive awards. \n</p>\n<p>\n  After stepping down, Panuccio is expected to serve in an advisory position for six months, helping to ensure a smooth transition. She said she plans \"to take some much-desired time off to spend with my family.\" \n</p>\n<p>\n  News Corp is the parent company of Dow Jones &amp; Co., publisher of The Wall Street Journal and Dow Jones Newswires. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 07, 2024 16:37 ET (21:37 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>News Corp Financial Chief Panuccio to Resign; Chandrashekar Named Successor</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNews Corp Financial Chief Panuccio to Resign; Chandrashekar Named Successor\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-08 05:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Connor Hart \n\n\n \n\n\n  News Corp named Lavanya Chandrashekar as its next chief financial officer, succeeding Susan Panuccio, who plans to step down from the role on Jan. 1. \n\n\n  Chandrashekar, 52, ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NWS","symbol_name":"新闻集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481415063","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481415063","pubTimestamp":1731015420,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"News Corp named Lavanya Chandrashekar as its next chief financial officer, succeeding Susan Panuccio, who plans to step down from the role on Jan. 1.Chandrashekar, 52, has nearly 30 years of experience in international finance and investor relations, the New York media company said Thursday. She most recently served as chief financial officer at Diageo, and previously held senior positions at Procter & Gamble and Mondelēz.In the role, Chandrashekar will receive an annual base salary of $1.4 million, in addition to incentive awards.After stepping down, Panuccio is expected to serve in an advisory position for six months, helping to ensure a smooth transition. She said she plans \"to take some much-desired time off to spend with my family.\". News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NWS":"新闻集团","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","BK4111":"出版","NWS.AU":"NEWS CORP - CLASS B- CDI","BK4585":"ETF&股票定投概念","BK7038":"出版","BK4588":"碎股","NWSA":"新闻集团","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC"},"translate_title":"新闻集团财务主管帕努乔辞职；钱德拉舍卡被任命为继任者","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NWS":0.9,"NWS.AU":0.9,"NWSA":0.9},"content_text":"By Connor Hart \n\n\n \n\n\n  News Corp named Lavanya Chandrashekar as its next chief financial officer, succeeding Susan Panuccio, who plans to step down from the role on Jan. 1. \n\n\n  Chandrashekar, 52, has nearly 30 years of experience in international finance and investor relations, the New York media company said Thursday. She most recently served as chief financial officer at Diageo, and previously held senior positions at Procter & Gamble and Mondelēz. \n\n\n  In the role, Chandrashekar will receive an annual base salary of $1.4 million, in addition to incentive awards. \n\n\n  After stepping down, Panuccio is expected to serve in an advisory position for six months, helping to ensure a smooth transition. She said she plans \"to take some much-desired time off to spend with my family.\" \n\n\n  News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 07, 2024 16:37 ET (21:37 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481415063"}