American media company, News Corp announced the appointment of Indian-American executive Lavanya Chandrashekar as its chief financial officer (CFO), effective January 1, 2025, succeeding Susan Panuccio.
Chandrashekar, who brings nearly 30 years of global finance experience, joins from Diageo, where she served as CFO and led the company through an era of rapid growth and digital transformation. Her background includes leadership roles at Procter & Gamble and Mondelēz.
During her tenure at Diageo, Chandrashekar was noted for her strategic initiatives in digital innovation, contributing to a 10.5 percent compound annual growth rate.
I am thrilled to welcome Lavanya to News Corp, and look forward to her joining our leadership team,” said News Corp chief executive Robert Thomson. “Lavanya’s mix of financial acumen, global experience and proven integrity were compelling characteristics of her professional personality. Lavanya has meaningful experience leading transformation initiatives, and her support will be welcome as News Corp continues its ambitious journey.”
Chandrashekar expressed enthusiasm for joining News Corp during a transformative period, stating, “I am fortunate to be joining this company during an exciting period of growth and transformation, and look forward to taking on the challenge of helping to shepherd News Corp into the future.”
Chandrashekar holds a B.Com in finance from Mount Caramel College, Bangalore, and an MBA in strategy and finance from Indian Institute of Management, Bangalore.
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