News Corp. names Fite info chief

Exec to o'see all information technology

Loran R. Fite has been tapped to serve as senior veep and chief information officer of News Corp.

Fite will start in the new post Jan. 15, overseeing all information technology for the media conglom’s $36 billion global operations while handling tech research and development.

He will also head internal and external communications systems and will create a communications network for the company’s employees, setting worldwide standards for all hardware and software to be used within the company. In addition, Fite will be charged with responsibility for identifying e-commerce opportunities through which to link up with consumers.

He will report to News Corp.’s Lachlan Murdoch, senior exec VP, and Roger Fishman, exec marketing veep.

Fite was most recently chief information officer of Australian-based Westpac Banking Corp.

Before that, Fite ran his own consulting firm, Fite and Associates. He also has been VP and manager at Bank of America and senior VP of consumer systems at Wells Fargo.

“Loran brings to News Corp. vast skills in creating and running information technology systems for multibillion-dollar corporations,” Murdoch said. “For some time now, News Corp. has focused significant resources on improving operating efficiency by integrating communications systems among its global divisions. With Loran’s appointment, we are redoubling those efforts.”

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Biz News from Variety