Chase Carey (born 22 November 1953) is an Irish-born American executive who is a board member of

Fox Corporation Fox Corporation (commonly referred to as Fox Corp or simply Fox) is an American multinational mass media company headquartered at 1211 Avenue of the Americas, 1211 Avenue of the Americas in Midtown Manhattan, with offices also in Burbank, Cali ...

and Liberty Media. He is the former

chief executive officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

and

executive chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

of the

Formula One Group The Formula One Group is a group of companies responsible for the Promotion (marketing), promotion of the Fédération Internationale de l'Automobile, FIA Formula One World Championship, and the exercising of the sport's commercial rights. The ...

. He has previously worked for

News Corp The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on ...

DirecTV DirecTV, LLC is an American Multichannel television in the United States, multichannel video programming distributor based in El Segundo, California. Originally launched on June 17, 1994, its primary service is a digital Satellite television, s ...

21st Century Fox Twenty-First Century Fox, Inc., which did business as 21st Century Fox, was an American multinational mass media and entertainment conglomerate based in Midtown Manhattan, New York City. It was formed on June 28, 2013, as the legal successor ...

and Sky plc.

Early life

Carey was born in Ireland to American parents of Irish descent, and received his

bachelor's degree A bachelor's degree (from Medieval Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate degree awarded by colleges and universities upon completion of a course of study lasting three to six years ...

from

Colgate University Colgate University is a Private university, private college in Hamilton, New York, United States. The Liberal arts colleges in the United States, liberal arts college was founded in 1819 as the Baptist Education Society of the State of New York ...

and an

MBA A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular a ...

from

Harvard Harvard University is a private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher lear ...

, where he was a member of the Harvard Business School Rugby Club. While attending Colgate he joined the Delta Upsilon fraternity and was a member of the Colgate University Rugby Football Club. Today, Carey is a

Trustee Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, refers to anyone in a position of trust and so can refer to any individual who holds property, authority, or a position of trust or responsibility for the ...

Emeritus ''Emeritus/Emerita'' () is an honorary title granted to someone who retires from a position of distinction, most commonly an academic faculty position, but is allowed to continue using the previous title, as in "professor emeritus". In some c ...

of Colgate University.

Career

Early career with Fox

Carey first came to work with Fox, a

News Corporation The original incarnation of News Corporation (abbreviated News Corp. and also variously known as News Corporation Limited) was an American Multinational corporation, multinational mass media corporation founded and controlled by media mogul Ru ...

holding, in 1988. Over the course of the following decade he served as COO of Fox, Inc., and

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

Fox Broadcasting Company Fox Broadcasting Company, LLC (commonly known as Fox; stylized in all caps) is an Television in the United States, American commercial broadcasting, commercial broadcast television broadcaster, television network serving as the flagship proper ...

. During this time he helped launch both

Fox Sports Fox Sports is the brand name for a number of sports channels, broadcast divisions, programming, and other media around the world. The name originates from Fox Broadcasting Company in the United States, which in turn derives its name from Fox Fi ...

and

Fox News The Fox News Channel (FNC), commonly known as Fox News, is an American Multinational corporation, multinational Conservatism in the United States, conservative List of news television channels, news and political commentary Television stati ...

and helped form a partnership between Fox Network and the NFL, a deal worth $1.58 billion. He also served as co-COO of News Corporation, along with

Peter Chernin Peter Chernin (born May 29, 1951) is an American film and television producer, businessman and investor. He is the chairman and CEO of The Chernin Group (TCG), which he founded in 2010. TCG manages, operates and invests in businesses in the media ...

. He resigned as co-COO of News Corp on January 24, 2002.

DirecTV

During the time that Carey was working for News Corp, the company purchased a 34% controlling interest in

Hughes Electronics Hughes Electronics Corporation was formed in 1985, when Hughes Aircraft was sold by the Howard Hughes Medical Institute to General Motors for $5.2 billion. Surviving parts of Hughes Electronics are today known as DirecTV Group, while the automoti ...

, which at the time owned

, a

satellite TV Satellite television is a service that delivers television programming to viewers by relaying it from a communications satellite orbiting the Earth directly to the viewer's location.ITU Radio Regulations, Section IV. Radio Stations and Systems ...

provider. Carey had already served on the DirecTV

board of directors A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulatio ...

, and in 2003 he was appointed CEO. At DirecTV, Carey had plans to add 1 million new subscribers a year, and had met that goal when he left the company six years later. Carey's tenure at DirecTV was widely considered successful, and the company returned to profitability. In 2006, News Corporation sold its

controlling interest A controlling interest is an ownership interest in a corporation with enough voting stock shares to prevail in any stockholders' motion. A majority of voting shares (over 50%) is always a controlling interest. When a party holds less than the maj ...

in DirecTV to Liberty Media, in exchange for News Corp shares.

Return to News Corporation

In June 2009, it was announced that Carey would be leaving DirecTV and returning to News Corp. He assumed the posts of President and COO that had been held by Chernin, as well as the post of Deputy Chairman. In August 2011

Rupert Murdoch Keith Rupert Murdoch ( ; born 11 March 1931) is an Australian - American retired business magnate, investor, and media mogul. Through his company News Corp, he is the owner of hundreds of List of assets owned by News Corp, local, national, a ...

tipped Carey to be his successor as CEO of

. It was previously assumed that Murdoch's son James would succeed him. In 2013, Carey was announced as the COO of 21st Century Fox, the legal successor of News Corporation and the owner of most of its film and television properties, News Corporation's print media and Australian assets being spun off as

. In 2015, Carey was reassigned as executive co-chairman, while James Murdoch became CEO. Carey resigned this position in July 2016 to become a consultant to Fox. In 2019, he was on the Fox Corporation board.

Formula One and Liberty

On 23 January 2017, Carey was installed as CEO and Executive chairman of

after Liberty Media completed their acquisition of the Formula One Group. On September 25, 2020, Liberty Media announced that Carey would take on the role of non-executive chairman, with Stefano Domenicali stepping in as CEO as of January 2021. Carey’s achievements included the establishment of a cost cap for the first time in Formula 1 and the signing of a more equitable Concorde Agreement with the teams from 2021 to 2025. Carey joined the board of directors of Liberty Media in January 2025.

Personal life

Carey is married to Wendy and has a son and a daughter. In 2022, the family donated $23 million to build a new sports complex for the Colgate Raiders.

References

External links

Profile
at

Bloomberg Businessweek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'' (and before that ''Business Week'' and ''The Business Week''), is an American monthly business magazine published 12 times a year. The magazine debuted in New York City in Septembe ...

Profile
an
collected coverage
at

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

Collected coverage
at ''

The Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...

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{{DEFAULTSORT:Carey, Chase 1953 births Living people American chief executives in the mass media industry American chief executives of professional sports organizations American chief operating officers American people of Irish descent American technology chief executives American television executives Auto racing executives Colgate University alumni DirecTV Formula One people Harvard Business School alumni News Corporation people Delta Upsilon members