(Reuters) - Twenty First Century Fox (FOXA.O) said on Wednesday Executive Chairman Lachlan Murdoch will serve as chairman and CEO of the proposed new Fox, following the sale of its film and TV assets to Walt Disney Co (DIS.N).

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FILE PHOTO: 21st Century Fox Executive Co-Chairmen Rupert Murdoch (L) and his son Lachlan attend the first day of the annual Allen and Co. media conference in Sun Valley, Idaho July 8, 2015. REUTERS/Mike Blake

Rupert Murdoch will serve as co-chairman of the new Fox, and John Nallen, Fox’s current chief financial officer, will assume the role of chief operating officer, the company said.

(Corrects Disney’s Reuters instrument code in first paragraph.)

Reporting by Munsif Vengattil in Bengaluru; Editing by Anil D'Silva

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