Chase Carey

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Chase Carey
Born 1954 (age 62–63)
United States
Alma mater Colgate University
Harvard University
Occupation Vice chairman of 21st Century Fox
CEO and executive chairman of the Formula One Group

Chase Carey (born 1954) is an American executive. He is the chief executive officer and executive chairman of the Formula One Group.[1][2] He has previously worked for News Corp, DIRECTV and 21st Century Fox.

Education[edit]

Carey received his bachelor's degree from Colgate University and an MBA from Harvard, where he was a member of the Harvard Business School Rugby Club. While attending Colgate he joined the Delta Upsilon Fraternity and was a member of the Colgate University Rugby Football Club. Today, Carey is a Trustee Emeritus of Colgate University.

Career[edit]

Early career with Fox[edit]

Carey first came to work with Fox, a News Corporation holding, in 1988. [3] Over the course of the following decade he served as COO of Fox, Inc., and CEO of Fox Broadcasting. During this time he helped launch both Fox Sports and FoxNews. He also served as co-COO of News Corporation, along with Peter Chernin.

DirecTV[edit]

During the time that Carey was working for News Corp, the company purchased a 34% controlling interest in Hughes Electronics, which at the time owned DirecTV, a satellite TV provider.[4] Carey had already served on the DirecTV board of directors,[5] and in 2003 he was appointed CEO.

At DirecTV, Carey had plans to add 1 million new subscribers a year,[6] and had met that goal when he left the company six years later.[7] Carey's tenure at DirecTV was widely considered successful, and the company returned to profitability.[8]

In 2006, News Corporation sold its controlling interest in DirecTV to Liberty Media, in exchange for News Corp shares.

Return to News Corporation[edit]

In June, 2009, it was announced that Carey would be leaving DirecTV and returning to News Corp. He assumed the posts of President and COO that had been held by Chernin,[9] as well as the post of Deputy Chairman.

In August 2011 Rupert Murdoch tipped Carey to be his successor as CEO of News Corporation. It was previously assumed that Murdoch's son James would succeed him.[10] In 2013, Carey was announced as the COO of 21st Century Fox, the legal successor of News Corporation and the owner of most of its film and television properties, News Corporation's print media and Australian assets being spun off as News Corp. In 2015, Carey was re-assigned as executive co-chairman,[11] while James Murdoch became CEO. Carey resigned this position in July 2016 to become a consultant to Fox.[12]

References[edit]

External links[edit]