Murdoch son to lead News Corp Asia, Europe

New York: Rupert Murdoch tapped his son James Murdoch to take over News Corp’s Asia and Europe operations, according to a source familiar with the matter, in a move that appears to position him .

James will step down as chief executive of satellite television operator British Sky broadcasting group Plc.

Sky chief financial officer Jeremy Darroch is expected to become CEO, the source said.

James Harding will be named editor of Times of London, the source said, succeeding Robert Thomson, who is expected to be named publisher of the Wall Street Journal, which News Corp is set to acquire, according to the source.

The news was first reported on the Guardian’s Web site.

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