News Corp., the parent of The Wall Street Journal, MarketWatch.com and Barron’s, announced Thursday that Chief Financial Officer Bedi Singh is leaving the company.
He will be replaced by Susan Panuccio, currently chief financial officer of News Corp Australia.
“We said at our rebirth in 2013, when Bedi was recruited back into the News Corp fold, that we would be relentlessly global and digital in our focus, and Bedi has certainly helped us achieve that goal,” said Chief Executive Officer Robert Thomson, former editor of The Journal.
“The diversity of our business, particularly with the significant expansion into digital real estate, aggressive transition to digital across our mastheads and strategic tech acquisitions, have made us a stronger company today,” added Thomson. “That success could not have been achieved without Bedi’s financial stewardship.”
Panuccio has been CFO for News Corp Australia since September, 2013. She previously served at News International in several positions, including CFO. She began her career as a Senior Accountant at KPMG Australia.
