More news on the Murdoch front as the Fox Corp. proxy filed today shows Rupert with a 24% pay increase in fiscal 2023 to $22.9 million from $18.9 million. It’s his last full year as chairman of the…
The SEC filing this afternoon shows Murdoch senior’s compensation package includes a base salary of $5 million; stock and option awards valued, respectively, at $5.8 million and $1.75 million, and non-equity incentive plan compensation of $4.45 million. He also took in $5.7 million from the line called “change in pension value and nonqualified deferred compensation earnings,” which was much of the difference between last year and this.
Lachlan’s package was split between a $3 million base salary, stock awards valued at $9.17 million, and option awards at $2.75 million. His non-equity incentive comp was $4.45 million. He had “other” compensation of $1.76 million, the bulk of that being residential security. The proxy statements, which lay out the annual compensation of a company’s top five highest paid executives, showed Viet Dihn, the departing chief legal and policy officer blamed for giving bad advice in the Dominion Voting Systems lawsuit, had a pay package of $10.7 million for fiscal 2023 vs. $11.2 million the year before.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Angelo Carusone on Rupert Murdoch stepping down: “The world is worse off because of Rupert Murdoch”Angelo Carusone, President & CEO of Media Matters for America, issued this statement following reports that Rupert Murdoch is retiring from the boa...
Read more »
From Murdoch to Murdoch: What We Can Expect From a Post-Rupert FoxOver decades, Rupert Murdoch created a multibillion-dollar media empire that, in turn, changed journalism for better and for worse.
Read more »
Rupert Murdoch Stepping Down As Chairman Of News Corp., Fox; Lachlan Murdoch Sole Chair Of BothRupert Murdoch is stepping dpwn as chairman of the board of Fox and News Corp. in November, the companies said today. He will be appointed Chairman Emeritus of each company. Following the annual sh…
Read more »
Rupert Murdoch hands control of Fox media empire to son Lachlan MurdochRupert Murdoch, who became the driving force in American conservative media through Fox News is stepping down from the boards of both News Corp and Fox Corp.
Read more »
Rupert Murdoch stepping down from Fox News and Fox CorporationHis son Lachlan Murdoch will become the sole chairman of Fox News, and Rupert Murdoch will be appointed chairman emeritus of the two corporations.
Read more »