The Times announced today that Brooks has given her notice. Calls for her exit have mounted for several days.
Brooks, who is due to face British lawmakers next week over claims that the now defunct News of the World newspaper hacked phones while she was editor, is the chief executive of News International, the British newspaper arm of News Corp.
The phone-hacking scandal escalated after the FBI announced it was to launch an investigation to find out if News Corp. titles hacked into the phones of US citizens.
Murdoch sought to calm shareholders’ fears earlier, telling the Wall Street Journal that the damage to News Corp. in Britain was “nothing that will not be recovered”.
Brooks was editor of the mass-circulation tabloid in 2002 when it was claimed to have hacked the phone of missing schoolgirl Millie Dowler, who was later found murdered.
In a letter sent to staff, Brooks said she was leaving the company because her desire to stay on was putting the reputation of the company at risk.
She said “my desire to remain on the bridge has made me a focal point of the debate. This is now detracting attention from all our honest endeavors to fix the problems of the past.”