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ICCR Members call for Corporate Governance Reform at News Corp August 9th, 2011

In the wake of the Newscorp scandal, faith-based investors – led by Christian Brothers Investment Services – are calling for corporate governance reform at the media giant. In a letter sent on Friday to Sir Roderick I. Eddington, News Corp.’s lead independent director, expressing concern about Mr. Murdoch remaining chairman and CEO as well as other governance issues. The signers “will support the ‘floor’ resolution” to split the roles, said Father Seamus Finn, a board member of the association of faith-based institutional investors.