News Corp.'s Rupert Murdoch Has His Pay Cut, While Another Top Company Exec Gets a Raise B&C
News Corp. Chief Executive Rupert Murdoch received a compensation cut for fiscal 2012, although another leading exec at News Corp. -- Fox News chief Roger Ailes -- got a pay boost, reports Jon Lafayette at B&C.
Murdoch's total compensation fell 10% to $30 million, with his bonus and stock awards down from last year. His salary was unchanged at $8.1 million.
Fox News Chairman Roger Ailes' compensation jumped 35% to $21 million, including a $9 million bonus pegged to the performance of Fox News Channel, the story notes. That was up from $8 million in the previous fiscal year. His salary was unchanged at $5 million and he received a stock award of $4.06 million.
News Corp. Chief Operating Officer Chase Carey saw his total compensation drop 18% to $24.8 million.