FORMER News International executive chairman James Murdoch is stepping down from the board of auction house Sotheby's.
Mr Murdoch decided not to stand for re-election to the board in May.
The auctioneer said the News Corporation deputy chief operating officer had been a "a valued member of the Sotheby's board".
A statement released by the business said: "Sotheby's will seek to find opportunities to continue to engage with Mr Murdoch in the areas of his expertise."
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