James Murdoch is giving up his last high-profile position in the UK, his chairmanship of British Sky Broadcasting.

BBC: Why James Murdoch is giving up BSkyB chair

Cottle, a lawyer and mother-of-two, with heels as sharp as her negotiating skills, becomes the first woman ever to hold the high-profile position.

FORBES: New Director Of Senate Finance Committee Warns Of Looming Debt Ceiling

At the moment, one of the leading papabili, or papal contenders, is 71-year-old Italian Cardinal Angelo Scola, the archbishop of Milan, a high-profile position in the church.

WSJ: Contenders in Line to be Pope