Big Payday for News Corp.’s Chase Carey LATimes

Chase Carey will be rewarded handsomely for his decision to rejoin News Corp. as deputy chairman, president and chief operating officer, the Los Angeles Times says.

He received a signing bonus of $10 million, will earn a base salary of $8.1 million and could earn annual performance bonuses of as much as $25 million during his five-year contract, according to documents the company filed with the Securities and Exchange Commission.

--Elizabeth Jensen