Peter Chernin is the President and Chief Operating Officer of News Corp., and Chairman and CEO of the Fox Group. Chernin is also a Corporate Director for American Express. On February 23, 2009, News. Corp announced that Chernin is leaving the company after his contract expires in June 2009.KATC: OO Peter Chernin to depart News Corp. in June(February 23, 2009)
According to news reports, Chernin is leaving News Corp because he and Murdoch failed to agree on a contract.Los Angeles Times: Peter Chernin to leave Murdoch's News Corp. (February 23, 2009)
Career
Chernin was particularly successful during his leadership of Fox's cable operations. Chernin has also served as an executive of Lorimar Film Entertainment, Showtime, The Movie Channel, St. Martin's Press, and Warner Books.
Chairman of Fox
While serving as the chairman of Fox, Chernin oversaw several blockbuster films including: Mrs. Doubtfire, Speed, True Lies, Braveheart, Braveheart, Waiting to Exhale, Broken Arrow, and Independence Day.
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References
Fast Facts
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Born
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Birthplace
Harison, New York
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Company
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Alma-mater
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1989
Became President of Fox Entertainment Group
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1996
Named President and COO of News Corp.
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Fact:
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Fact:
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His current contract offers him the option to activate a six-year movie production deal with News Corp.Wall Street Journal: Chernin to Leave News Corp. (February 23, 2009)
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Fact:
Contract also requires for him to receive $40 million in cash when he leaves News Corp.Wall Street Journal: Chernin to Leave News Corp. (February 23, 2009)
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Current total compensation at News Corp.
