Like we've come to expect, the latest resignation at News Corp is dramatic, political and slightly shrouded in mystery. It is not, however, at all related to phone hacking. It sounds like Tom Mockridge's exit from the Murdoch empire is just another case of your standard disgruntled executive, not happy about getting passed over for an exciting new post that does not involve managing a ticking time bomb.
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Mockridge is stepping down from his post as chief executive of News International, Rupert Murdoch's British newspaper company, at the end of this year. The leader's departure comes just about a year and a half he took the reins from Rebekah Brooks, who resigned in disgrace after a phone hacking at her papers became an international scandal, leading to a number of national investigations and the shuddering of News of the World, the crown jewel of Murdoch's newspaper empire. Having spent much of his News Corp. career working on the company's various television properties, Mockridge had worked his way up to head of Sky Italia, where he was when the phone hacking scandal hit the fan. And lucky for him, it was far enough away that he was hit by any of the fallout.
It's not entirely clear why Mockridge is making such a hasty departure, but all signs point to the recent news that Robert Thomson would be named as the head of a new News Corp. publishing division. Word on the street is that Mockridge wanted the job and didn't appreciate getting passed over. Murdoch said in a statement, "His decision to step down is absolutely and entirely his own. I am sorry to see him leave us, but I know he will be a great success wherever he goes."