The News Corp. Chief’s compensation for the latest fiscal year (ended 6/30) dropped 3.7% to $28.9 million. He had made $30.0 million in the previous year, according to a regulatory filing which noted: “Our Chief Executive Officer’s compensation is, as intended, closely and appropriately linked to performance, including stock price performance.”
The filing was made by his entertainment conglomerate 21st Century Fox, which was created along with new News Corp in a split mid-year. The pay for the latest year was for Murdoch’s work as chairman and CEO of the pre-split News Corp.
The fiscal-year pay for former News Corp. and now 21st Century Fox deputy COO James Murdoch, rose 1.2% from $16.84 million to $17.04 million.
Chase Carey, president and COO of the pre-split News Corp. and now 21st Century Fox, made $27.05 million in the latest year, up 9.2% from $24.76 million in the fiscal year ended 6/30/12.
Rupert Murdoch’s salary for the latest year was unchanged at $8.1 million, his stock awards rose from $3.51 million to $5.16 million, and he also received a $12.5 million non-equity incentive payout, a form of bonus he received instead of the bonus that he had gotten a year earlier. His other compensation included $274,531 in personal use of the corporate aircraft and $15,694 in personal use of a corporate car. The conglomerate’s stock rose 46% in the most recent fiscal year.
James Murdoch’s salary was unchanged at $3 million, his stock awards rose from $5.26 million to $7.48 million, and he got $6 million in non-equity incentive compensation. Carey’s salary was also unchanged at about $4 million, his stock awards rose from $8.77 million to $12.91 million, and his non-equity compensation amounted to $10 million.
