Roger Ailes will leave Fox News.
(Image credit: Stephen Lovekin/Getty Images)

21st Century Fox announced Thursday that Roger Ailes is resigning from his role as chairman and CEO of Fox News Channel, Fox Business Network, and Fox Television Stations. Rupert Murdoch — the executive chairman of 21st Century Fox, Fox News' parent company — will take over as chairman and acting CEO of Fox News Channel and Fox Business Network.

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"Roger Ailes has made a remarkable contribution to our company and our country. Roger shared my vision of a great and independent television organization and executed it brilliantly over 20 great years," Murdoch said in a statement. The announcement follows rumors that Murdoch and his sons wanted the 76-year-old Fox News founder out in light of the executive's sexual harassment investigation.

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Jeva Lange

Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.