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James, Rupert and Lachlan Murdoch’s annual compensation for their executive roles at 21st Century Fox each fell in the most recent fiscal year, according to a regulatory filing.
Fox CEO James Murdoch’s annual compensation for the fiscal year amounted to $20.3 million, compared with $26.4 million for the previous year, which was his first as chief exec.
Lachlan Murdoch’s compensation as executive co-chairman amounted to $20.6 million, compared with $23.7 million in the previous year when he first filled the role.
Rupert Murdoch made $29.3 million in the latest fiscal year as executive co-chairman, compared with $34.6 million in the previous year.
Fox recently reported earnings from continuing operations for the latest fiscal year of $3 billion ($1.61 per share), compared with $2.76 billion ($1.42 per share) in the prior year. Adjusted annual earnings per share from continuing operations rose 12 percent to $1.93.
While the salary of Rupert Murdoch stayed at $7.1 million and his sons were both stagnant at $3 million, the stock awards and compensation for non-equity incentive plans for all three men fell.
The other top executives, CFO John Nallen and group general counsel Gerson Zweifach, also saw their compensation fall year-over-year. Nallen earned $10.5 million, down from $12.1 million, while Zweifach was paid $7.9 million, down from $8.2 million.
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