Rupert Murdoch on Friday named company veterans Jack Abernethy and Bill Shine as co-presidents to lead Fox News after Chief Executive Officer Roger Ailes resigned last month following sexual harassment allegations.
Abernethy is CEO of Fox Television Stations and Shine is senior executive vice president at Fox, a unit of Twenty-First Century Fox .
"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, executive chairman of 21st Century Fox and Fox News, said in a statement.
Ailes, who turned Fox into America's most lucrative and powerful cable news channel for conservatives, resigned in July following allegations of sexual harassment.
