The Sun, the U.K. newspaper owned by News Corp. (NWSA:US), said Dominic Mohan quit after four years as editor to take a senior role in Rupert Murdoch’s publishing empire.
Mohan will report to Robert Thomson, the newly appointed chief executive officer of News Corp.’s publishing business, and will explore strategic opportunities for the company in Europe, according to a statement. The print unit began trading as a separate stock this week and will become an independent company on June 28.
David Dinsmore, the director of operations at News Corp.’s U.K. division, will replace Mohan starting on Monday.
“I am confident the Sun will go from strength to strength, and now look forward to a new challenge of helping a brand new company find its feet and build a strong future for its journalism across the globe,” Mohan said in the statement.
News Corp. is cleaving the publishing group, which includes The Sun as well as other newspapers across the News Corp. empire, from its growing television and film businesses. The print company, which will retain the News Corp. name, had a market value of around $9.1 billion after its first day of trading this week. The entertainment group, to be called 21st Century Fox, was valued at around $65 billion by investors.
Mohan, who had been at the paper for 17 years, has steered The Sun through a difficult period. Some newspaper staff members have been implicated in the phone-hacking scandal that originated at sister paper News of the World. Murdoch shut down News of the World in 2011, shortly after news of the scandal broke, to try and quell the uproar.
The scandal continued today as two Sun journalists were charged with conspiring to bribe public officials. A spokesman for News Corp.’s U.K. unit declined to comment on the charges.
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