Rupert Murdoch has named two successors to Roger Ailes, the Fox News founder and CEO who resigned in July resigned amid allegations of sexual harassment

Murdoch, the 21st Century Fox and Fox News executive chairman, named Jack Abernethy and Bill Shine co-presidents of Fox News.

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Murdoch also had served since July 21 as interim chairman and CEO of Fox News in place of the departed Ailes.

Abernethy is CEO of Fox Television Stations. He will keep his current role in addition to becoming co-president of Fox News.

Shine was senior executive vice president of Fox News and has been with the network since its inception in 1996.

Per an official press release from Fox News, Abernethy will be responsible for advertising, finance, sales and distribution aspects of Fox News and Fox Business Network.



Shine will be responsible for all programming, news and editorial functions of both Fox News and Fox Business. Both will report to Murdoch.



"Jack was integral to the launch and success of Fox News nearly 20 years ago and we're delighted he's returning to take on this additional role. As we continue to benefit from his strong leadership of Fox Television Stations, his strategic vision and deep knowledge of the cable news business will ensure continued growth of Fox News and Fox Business Network for generations to come," Murdoch said in a statement.

"Bill Shine has developed and produced a signature primetime that has dominated the cable news landscape for 14 of his 20 years with Fox News. His leadership and keen eye for programming has played a fundamental role in the success of both Fox News and Fox Business Network."



Shine was considered the front-runner to succeed Ailes as Fox's chairman and CEO after the 76-year-old's relatively sudden exit following a lawsuit filed by ex-Fox News host Gretchen Carlson on July 5 and subsequent allegations.



The network also announced that another longtime Fox News veteran, Suzanne Scott, has been promoted to executive vice president of programming and development, overseeing Fox News's daytime and prime-time shows.



Chief Financial Officer Mark Kranz will also be retiring after nearly two decades with the network.



Jay Wallace, who was also considered a top choice after Ailes's exit, will continue as executive vice president of news editorial, overseeing the hard news divisions. Wallace was promoted in April.



"While this has been a time of great transition, there has never been a greater opportunity for Fox News and Fox Business to better serve and expand their audiences," Murdoch said in a statement. "Together with our worldwide team of dedicated professionals, we are the most influential and powerful brand in television."