BY RUSSELL ADAMS AND JOANN S. LUBLIN

News Corp. nominated venture capitalist James Breyer to its board and said two current directors will leave, in a shakeup that adds a new outside voice to the company's board as it faces criticism of its corporate governance in the wake of the phone-hacking scandal at its U.K. newspaper unit.

Mr. Breyer will replace Thomas Perkins, another venture capitalist who has served on News Corp.'s board since 1996. Separately, Kenneth Cowley, a former News Corp. executive who became a director in 1979, will leave the board, the company said. Both Mr. Perkins, 79, and Mr. Cowley, 76, were expected to ...