News Corp. (NWS,NWSA) announced that former U.S. Secretary of Labor Elaine Chao and former President of Colombia Álvaro Uribe have been nominated to join the Board of Directors and will stand for election at the Company's Annual Meeting of Stockholders on October 16, 2012, in Los Angeles, CA.
Chao served as the Secretary of Labor from 2001 to 2009. She has been a Distinguished Fellow at The Heritage Foundation, a research and educational organization based in Washington, D.C., since 2009. Previously, she served as the President and Chief Executive Officer of United Way of America from 1992 to 1996. Her prior government service includes serving as Director of the Peace Corps and as Deputy Secretary at the U.S. Department of Transportation. Before that she was a Vice President at Bank of America and a banker with Citicorp, N.A. Chao currently serves on the Boards of Directors of Wells Fargo & Company, Dole Food Company, Inc., and Protective Life Corporation and serves as a director of several nonprofit organizations including the Bloomberg Foundation.
Uribe served two terms as the President of Colombia from 2002 to 2010 and is widely credited with restoring security to Latin America's oldest democracy. Prior to being elected President, he served as Senator of Colombia from 1986 to 1994 and Governor of Antioquia from 1995 to 1997. Since 2011, Uribe has served as a member of the International Advisory Council of J.P. Morgan. From 2010 to 2011, Uribe was a Distinguished Scholar at the Edmund A. Walsh School of Georgetown University and was a Vice Chairman of a United Nations investigation panel.
The company also announced that current Directors Andrew Knight and John Thornton will retire from the Board after the upcoming Annual Meeting, and Director Arthur Siskind will serve as a Director Emeritus. At the conclusion of the Annual Meeting, Siskind will continue attending Board meetings but will no longer vote on resolutions, the company said.
Siskind will continue to serve as the Senior Advisor to the Chairman of News Corporation, a position he has held since 2005. He has been a News Corporation Director since 1991 and previously served as the Company's Group General Counsel from 1991 to 2005.
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