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Article: Stanley S. Shuman Resigns from Board of Directors; Shuman to Become Director-Emeritus of News Corporation.
- Article from:
- Business Wire
- Article date:
- October 6, 2005
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Copyright informationCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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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