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.
"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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