Business · Companies · 1 hr ago
Fox General Counsel Adam Ciongoli to Step Down on Dec. 1
Adam Ciongoli will leave Fox’s top legal post on Dec.
1 and then serve as a special adviser.
Nicholas Trutanich, Fox’s principal deputy general counsel, will take over and report to CEO Lachlan Murdoch.
Ciongoli will remain a special adviser until at least June 2028.
Trutanich’s new role comes as Fox pursues a $22 billion takeover of Roku.
Shareholders of both companies approved the deal, but the US Justice Department is still reviewing it.
If approved, the deal would make Fox the country’s third-largest distributor by monthly viewership, and it is expected to close in the first half of next year.
Adam Ciongoli will step down as Fox Corp.’s general counsel on Dec. 1 after choosing not to renew his contract.
Nicholas Trutanich, currently executive vice president and principal deputy general counsel, will take over the role.
Trutanich will report to Fox CEO Lachlan Murdoch.
Ciongoli will remain with Fox as a special advisor through June 2028, according to Deadline.
Trutanich will oversee Fox’s proposed $22 billion acquisition of Roku, which is still under Justice Department review.
- Who
- Adam Ciongoli is stepping down, and Nicholas Trutanich will become Fox Corp.’s general counsel.
- What
- Ciongoli will leave the top legal role after not renewing his contract; Trutanich will take over.
- When
- Ciongoli’s last day in the role is Dec. 1. The sources do not state the year.
- Where
- Fox Corp.
- Why
- Ciongoli is not renewing his contract. The sources do not give a further reason.
This story does not have two clearly opposing sides.
Trutanich joined Fox as chief ethics and compliance officer.
Ciongoli joined Fox as chief legal and policy officer, according to Deadline.
Ciongoli will step down as general counsel, and Trutanich will take over.
Ciongoli will serve Fox as a special advisor, according to Deadline.
- Departing general counsel
- Adam Ciongoli
- New general counsel
- Nicholas Trutanich
- Last day in role
- Dec. 1
- Fox CEO
- Lachlan Murdoch
- Proposed Roku acquisition
- $22 billion
4 sources
Fox Legal Chief Adam Ciongoli Sets Exit, Nicholas Trutanich to Be General Counsel
Fox Corp. Top Lawyer Adam Ciongoli Stepping Down
Fox Corp. Promotes Nicholas Trutanich To General Counsel As Adam Ciongoli Sets Exit From Top Legal Role
What people are saying
Nick Trutanich has been a critical member of the FOX team since joining the Company five years ago and will bring deep legal, litigation and compliance experience to this expanded role
I’d like to thank Adam for his many immense contributions over the last three years
It is an exciting time of growth and innovation at FOX, and I look forward to working with colleagues across the Company to advance our goals