Rupert Murdoch, founder of Fox News, announced the appointment two new co-presidents to lead the network.
Longtime Fox executives Jack Abernethy and Bill Shine, who have each been with Fox News since it started in 1996, will replace Roger Ailes, who recently resigned.
Shine had been one of Ailes’ top deputies, and will manage the editorial operations for Fox News and Fox Business Network.
Abernethy will oversee the business operations of both networks, while continuing to manage the 28 local stations.
Murdoch will remain as executive chairman, and both new co-presidents will continue reporting to Murdoch.
In other changes, Fox also announced the retirement of its chief financial officer, Mark Kranz.
Suzanne Scott is being promoted as executive over Fox News’ daytime and prime-time programming.
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