Rupert Murdoch
Fox said it appointed Fox Television Stations CEO Jack Abernethy and Senior Executive Vice President Bill Shine as co-presidents, reporting to Murdoch.
Roger Ailes is being paid quite handsomely to leave Fox News.
The Murdochs have reportedly agreed to remove the network's CEO in response to a sexual harassment investigation.
WHAT'S HAPPENING
'We must set ourselves free from dictatorial Brussels.'
He left what was then known as BSkyB in 2012 over the infamous phone hacking scandal.
According to four high-placed Fox sources, Murdoch is upping his presence at Fox while Ailes has become less visible to anchors and producers
Who is Rupert Murdoch's fiancee?
"They have loved these past months together, are thrilled to be getting married and excited about their future."