Top News Corp. exec ankles

Lon Jacobs was key adviser to Murdoch

Lawrence “Lon” Jacobs, News Corp.’s top lawyer and a key adviser to chairman Rupert Murdoch, is resigning to pursue new opportunities, the company said Wednesday.

Jacobs has been at the company for 15 years and since 2004 served as senior exec VP and group general counsel. No successor was named.

“I will always be grateful to Lon not only for his wise counsel, but for his key role in helping build News Corp. into one of the world’s largest and most successful diversified media companies,” Murdoch said in a statement.

Jacobs has advised Murdoch on a range of issues, including the launch of the Fox News Channel and acquisitions such as Dow Jones and MySpace.

“I have had the great privilege of calling News Corp. my home for a decade and a half,” Jacobs said. “Although it is never easy to choose the perfect time to leave, I am proud of what we have achieved and I have personally reached the point in my life where it seems appropriate, and exciting, to try something new.”

For years, Jacobs was an understudy to Arthur Siskind, whom he succeeded as group general counsel. Siskind is now a News Corp. director.