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James Harding, the editor of the British daily national newspaper, the Times, has announced his resignation.
His move comes on the day parent firm News International revealed 10.8 million pounds in severance pay, understood to be for its former boss Rebekah Brooks, who had resigned as chief executive of the company because of phone-hacking allegations.
James Harding will leave within a month and is expected to be replaced by Sunday Times editor John Witherow, the BBC reports.
In an address to staff, Harding implied that the decision was not entirely his.
"It has been made clear to me that News Corporation would like to appoint a new editor of the Times," the report quoted him, as saying.
"I have, therefore, agreed to stand down. I called Rupert this morning to offer my resignation and he accepted it," he added. (ANI)