Temperatures will continue to fall over the next few days

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Roger Ailes, the CEO and chairman of Fox News, is stepping down from his role. Rupert Murdoch will be taking over as chairman and acting CEO.

Ailes "has resigned from his role effective immediately," according to a statement from parent company 21st Century Fox.

According to officials at the company, the arrangement precludes Ailes from working for other competitor networks or news organizations or from disparaging the Murdochs or 21st Century Fox as a result of his departure, NPR's David Folkenflik reports. He will serve as an adviser to Rupert Murdoch during the leadership transition from Ailes to Murdoch, though Ailes is not technically considered a consultant to the corporation, David says.


Ailes has been accused of sexual harassment in a lawsuit by former Fox News anchor Gretchen Carlson. Multiple women have stepped forward with similar allegations — including high-profile anchor Megyn Kelly, according to 

In a statement, Murdoch did not mention the accusations against Ailes. He celebrated Ailes' "grasp of policy and his ability to make profoundly important issues accessible to a broader audience" and praised his "remarkable contribution" to Fox News.

Murdoch's sons Lachlan and James, the chairman and CEO of 21st Century Fox, tacitly acknowledged the allegations when they wrote, "we continue our commitment to maintaining a work environment based on trust and respect. We take seriously our responsibility to uphold these traditional, long-standing values of our company."

 on the major players involved in the reshuffling at Fox News:


Business and Economic News

Roger Ailes is out as chief executive at Fox News Channel and Fox Business. Network parent 21st Century Fox announced Thursday that Ailes would resign immediately.

Fox News Network CEO Roger Ailes is resigning, 21st Century Fox says

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