Rupert Murdoch's News Corp Pay Rises Slightly to $5.3 Million
The media company discloses the annual compensation for the mogul and CEO Robert Thomson.
Rupert Murdoch's compensation for his role as executive chairman of News Corp amounted to $5.3 million for the fiscal year that ended in June, compared with $5.07 million a year earlier, according to a regulatory filing released Wednesday.
News Corp CEO Robert Thomson's compensation amounted to $11.3 million, compared with $10.3 million in the previous year.
News Corp owns The Wall Street Journal and other financial news operations, U.K. newspapers like The Times and The Sun, book publisher HarperCollins and other businesses. Its stock fell 17 percent during the latest fiscal year.
News Corp CFO Bedi Ajay Singh was paid $5 million, up from $4.6 million a year earlier, and David Pitofsky, the company's general counsel, made $2.7 million, up from $2 million.
Murdoch's annual pay for his work at 21st Century Fox was disclosed last month. He made $34.6 million, up nearly 25 percent from a year earlier. News Corp and Fox split in 2013.
Wednesday's News Corp filing didn't disclose the pay of such executives as Rebekah Brooks, CEO of the company's British unit News UK. She took over effective Sept. 7.