Former House Speaker Ryan Paul joins new Fox Corp.’s board

BUSINESS BUSINESS

Former House Speaker Paul Ryan has joined the board of the new Fox Corporation, the company announced on Tuesday.

Ryan, who served as speaker from 2015 to 2019, “spearheaded efforts to revise the federal tax code, rebuild the national defense, expand domestic energy production, combat the opioid epidemic, and reform the criminal justice system,” Fox said in a statement.

Along with Ryan, Fox named Chase Carey, the chairman and CEO of Formula 1, Anne Dias, the founder of investment fund Aragon Global Holdings, and Roland Hernandez, the CEO of Hernandez Media Ventures, to the board of directors.

They join Rupert Murdoch, Lachlan K. Murdoch and Jacques Nasser on the board.

“We are thrilled to welcome our new colleagues to the FOX board. We look forward to working with and being guided by them as we begin a new chapter, steadfastly committed to providing the best in news, sports and entertainment programming,” Lachlan Murdoch, Fox chairman and CEO, said in a statement.

Fox Corp. was separated Tuesday from Twenty-First Century Fox, which was bought by Walt Disney Co.