The annual compensation for all three of 21st Century Fox’s Murdochs — Rupert, Lachlan and James — fell in the most recent fiscal year, according to a company SEC filing. The figures unveiled today come ahead of Fox’s annual shareholders meeting November 15 on the Fox lot.
Rupert Murdoch’s compensation as executive co-chairman dipped from $34.6 million in FY 2016 to $29.3 million. His son Lachlan, also executive co-chairman, made $20.6 million, down from $23.7 million. CEO James dipped from $26.4 million to $20.3 million.
The trio’s base salary remained unchanged over FY 2016: Rupert at $7.1 million and Lachlan and James at $3 million, according to the documents. All three are among the 13 on the board of directors slate up for re-election at the shareholders meeting. No surprises are expected.
Peter Rice Promoted to President Of 21st Century Fox
21st Century Fox is still waiting on the UK government to OK its $14.6 billion takeover bid for
Sky. It has long coveted the 61% of the Brit pay-TV giant it doesn’t already own.
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