Fox Entertainment Group has named former New York City deputy mayor Peter
Powers to its board of directors.
Powers, currently president and CEO of Powers Global Strategies LLC, was also
named to the company's audit committee.
"Peter's creative energy, strategic expertise and veteran knowledge of
corporate finance will be as valuable to Fox as they have been to city
governments and businesses for more than three decades," Fox chairman Rupert
Murdoch said in a prepared statement.
"We look forward to having Peter's counsel as we continue to build the
strength of our Fox brand and operations," he added.
Powers served as first deputy mayor of the city of New York under former
Mayor Rudolph Giuliani from 1994 through 1996.
Before joining the Giuliani administration, Powers had a 25-year career as an
attorney, certified public accountant and strategic consultant to
Powers, 58, currently serves on the board of directors of NDS Group plc as
chairman of that company's remuneration committee and as a member of its audit
In addition, he is a member of the boards of directors of the Partnership for
New York City, the Association for a Better New York, the Central Park
Conservancy, City Center, Safe Horizon and NYC & Co.
Powers is also a member of the board of trustees of Manhattan College and of
the advisory board of the School of Public Affairs at Baruch College of the City
of New York.
In an unrelated announcement, Fox parent News Corp. said it was changing the
composition of several of its board committees in accordance with recent
As announced at its annual meeting last October, Stanley Shuman -- who has a
business relationship with News Corp. in his role as executive vice president
and managing director of Allen & Co. -- has resigned from the audit
Graham Kraehe will serve as chairman of the audit committee, while Aatos
Erkko, Andrew S.B. Knight and Thomas Perkins will continue to serve as committee
In addition, the company said, its nominating and
corporate-governance-oversight committee will be chaired by Geoffrey Bible, with
Kenneth Cowley and Roderick Eddington serving as committee members. Bible, as
chairman of the committee, will also chair regularly scheduled sessions of
News Corp.'s compensation committee will be chaired by Knight and include
Erkko and Perkins. The compensation committee has assumed the responsibilities
of the former share-option committee.