Former House Speaker Paul Ryan will be joining the board of Fox News’ new parent company, Fox Corporation.
The Fox Corp. entity was announced Tuesday and is the result of Disney’s acquisition of 21st Century Fox. Ryan will serve on the board alongside Rupert Murdoch and his son, Lachlan Murdoch. Other announced board members include CEO of Formula 1 Chase Carey, Anne Dias, Roland Hernandez, and Jacques Nasser.
“We are thrilled to welcome our new colleagues to the Fox board,” Lachlan Murdoch said in the press release. “We look forward to working with and being guided by them as we begin a new chapter, steadfastly committed to providing the best in news, sports and entertainment programming.”
Ryan, a Republican from Wisconsin, served as speaker of the House from 2015 until 2019. In 2018, he announced he would not be running for another term.
The new entity Fox Corp. will house Fox Broadcasting, Fox Sports, and Fox News. The $71.3 billion deal between Disney and 21st Century Fox will close sometime Tuesday evening.
