Rupert, James and Lachlan Murdoch's Pay Falls in 2017

Getty Images
From left: Lachlan, Rupert and James Murdoch

The entertainment conglomerate reported the Murdochs' compensation for the fiscal year, which ended in June.

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.

comments powered by Disqus