News Corp. (NWS -2.2%) announces a major reorganization of senior management at its Australian...

|About: News Corporation (NWS)|By:, SA News Editor

News Corp. (NWS -2.2%) announces a major reorganization of senior management at its Australian unit, with longtime chairman and CEO John Hartigan stepping down without explanation. Hartigan's defense of the company in the wake of the U.K. phone hacking scandal may not have been enough to appease Australian lawmakers.