Press release article from our research archive:

Stanley S. Shuman Resigns from Board of Directors; Shuman to Become Director-Emeritus of News Corporation.

NEW YORK -- News Corporation today announced that Stanley S. Shuman has resigned from the Company's Board of Directors.

Mr. Shuman, who is managing director of Allen and Company LLC, has been a director of News Corporation since 1982. He will continue his association with the Company as Director-Emeritus, attending Board meetings but not voting on resolutions.

Mr. Shuman said: "In order to permit News Corporation to come within applicable governance provisions by having its Board comprised of a majority of independent directors, I have decided to resign as a Director. I have been immensely privileged to serve on News Corp.'s Board for these many years and look forward ...

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