Business News
News Corporation Appoints Former New York City Department of Education Chancellor Joel Klein as Executive Vice President, Office of the Chairman
Thursday 11. November 2010 - Mr. Klein to serve as senior advisor to the Chairman and will join News Corporations Board of Directors
News Corporation today announced that Joel Klein will join the Company as Executive Vice President, Office of the Chairman. He will report to Chairman and Chief Executive Officer Rupert Murdoch and will join News Corporations Board of Directors.
After decades of leadership in private and public sectors, ranging from U.S. CEO of a global media company to Deputy White House Counsel to President Clinton, Mr. Klein will act as a senior advisor to Mr. Murdoch on a wide range of initiatives, including developing business strategies for the emerging educational marketplace.
“Were very fortunate to have a leader of such exceptional depth join the senior executive team of News Corporation,” said Mr. Murdoch. “His record of achievement leading one of the countrys toughest school systems has given him a unique perspective that will be particularly important as we look into a sector that has long been in need of innovation.”
As New York City Chancellor for nearly a decade, Mr. Klein led a comprehensive reform strategy that brought coherence to the system and resulted in significant increases in student performance. He oversaw nearly 1,700 schools with 1.1 million students, 136,000 employees and a $22 billion operating budget. Formerly U.S. Chairman and CEO of Bertelsmann, Inc., Mr. Klein also served the Clinton administration in a number of roles, including Deputy White House Counsel. He joined the administration after 20 years of public and private legal work in Washington, D.C.
Mr. Klein received his BA from Columbia University, where he graduated magna cum laude/Phi Beta Kappa, and earned his JD from Harvard Law School, magna cum laude.
“Ive long admired News Corporations entrepreneurial spirit and Rupert Murdochs fearless commitment to innovation. I am excited for the opportunity to be part of this team — and to have the chance to bring the same spirit of innovation to the burgeoning education marketplace.”