WASHINGTON – Former House Speaker Paul Ryan (R-Wis.) is included among four appointees to the board of directors of Fox’s newly established public company, Fox Corp., the company announced Tuesday.
“We are thrilled to welcome our new colleagues to the FOX board,” CEO Lachlan Murdoch said in a statement. “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.”
The other board members include Formula 1 CEO Chase Carey, Aragon Global Holdings CEO Anne Dias and Hernandez Media Ventures CEO Roland Hernandez.
The announcement comes the very day the company went public. Its assets include Fox News and all of the network’s broadcasting affiliates. The formation of the company follows the acquisition of 20th Century Fox to Walt Disney Co. The sale was announced last June.
Ryan, 49, served as speaker from October 2015 to December 2018. He served a total of 20 years in Congress. In 2012, Ryan was the Republican nominee for vice president.
As speaker, Ryan struggled to unite different factions of the Republican party. He also had to navigate a sometimes contentious and often complicated relationship with President Donald Trump.
Ryan has said his decision to leave politics was not motivated by political factors but by a desire to spend more time with his family. He was noted for sleeping in his D.C. office during the week and returning home to Janesville, Wis., on weekends to spend time with his wife, Janna, and their three children.