Chairman Rupert Murdoch’s total compensation was $31.1 million, down from $34 million the previous year.
The biggest change in compensation for Murdoch was the change in value in his pension and non-qualified deferred compensation earnings, which was $13.7 million a year ago and $9.9 million for 2021. His salary and stock awards were down, while non-equity incentive plan compensation rose.
Murdoch’s son Lachlan, the company’s executive chairman and CEO, received $27.7 million, down from $29.2 million in fiscal 2020. The change in pension value and non-qualified deferred compensation earnings was the biggest difference for Lachlan Murdoch as well. His salary was down, as were his stock awards, while non-equity incentive plan competition rose.
John Nallen, Fox’s chief operating officer, saw his total compensation dip to $12.5 million from $13.1 million a year ago.
Chief legal and policy officer Viet Dihn’s compensation rose slightly to $12.4 million from $12.1 million and chief financial officer Steven Tomsic’s pay rose to $7.5 million from $6.9 million.
Jon has been business editor of Broadcasting + Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.
The smarter way to stay on top of broadcasting and cable industry. Sign up below.
Thank you for signing up to Broadcasting & Cable. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.