News Corporation
On November 9, 2010, Bloomberg announced that Klein would resign as chancellor and would take a position as an executive vice president for News Corporation. Klein's date of departure was not immediately clear but it was later announced that he would be gone at the end of the year. He was replaced by Cathie Black, chairman of Hearst Magazines and former president of USA Today, on January 1, 2011.
On July 6, 2011, Rupert Murdoch, chairman of the News Corporation and the company's CEO, announced that Joel Klein would "provide important oversight and guidance" in the internal investigation of phone hacking at News of the World. Klein took over the investigation, with fellow director Viet D. Dinh, from News International UK Chief Executive, Rebekah Brooks, whose own involvement in the phone hacking scandal made her unable to continue as an impartial investigator.
Since joining News Corp, Klein has recruited at least two other executives from the New York City Department of Education. In February 2011 New York City Department of Education's Communications Director, Natalie Ravitz, announced that she would be joining News Corp as Klein's chief of staff. According to GothamSchools.org, a nonprofit non partisan news website that reports on the New York City Schools, "Ravitz is following a well-worn path from the department to NewsCorp: Ex-schools chief Joel Klein, who was chancellor when Ravitz was hired, now heads the company’s growing education division. Last summer, Klein picked Kristen Kane, the department’s former chief operating officer, to become the division’s COO. He also acquired Wireless Generation, the technology company that developed and managed ARIS, the city’s school data warehouse."
Read more about this topic: Joel Klein
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