Fox Corp Chairman K Murdoch's 2020 pay jumps 574% to $34M

Fox Corp reports 2020 executive compensation

By ExecPay News

Published: September 23, 2020

Fox Corp reported fiscal year 2020 executive compensation information on September 23, 2020.
In 2020, five Fox Corp executives received on average a compensation package of $19M, a 32% decrease compared to previous year.
Average pay of disclosed executives at Fox Corp
K. Rupert Murdoch, Chairman, received $34M in total, which decreased by 19% compared to 2019. 40% of Murdoch's compensation, or $14M, was of change in pension value and nonqualified deferred compensation earnings. Murdoch also received $8.5M in non-equity incentive plan, $1.8M in option awards, $4.2M in salary, $5.7M in stock awards, as well as $163K in other compensation.
For fiscal year 2020, the median employee pay was $81,307 at Fox Corp. Therefore, the ratio of K. Rupert Murdoch's pay to the median employee pay was 418 to one.
Lachlan K. Murdoch, Chief Executive Officer, received a compensation package of $29M, which decreased by 31% compared to previous year. 30% of the compensation package, or $8.9M, was in stock awards.
John P. Nallen, Chief Operating Officer, earned $13M in 2020, a 38% decrease compared to previous year.
Viet D. Dinh, Chief Legal and Policy Officer, received $12M in 2020, which decreases by 50% compared to 2019.
Steven Tomsic, Chief Financial Officer, earned $6.9M in 2020, a 30% decrease compared to previous year.
Fox Corp's fiscal year ends on June 30.

Related executives

K Murdoch

Fox Corp

Chairman

Lachlan Murdoch

Fox Corp

Chief Executive Officer

John Nallen

Fox Corp

Chief Operating Officer

Viet Dinh

Fox Corp

Chief Legal and Policy Officer

Steven Tomsic

Fox Corp

Chief Financial Officer

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Source: SEC filing on September 23, 2020.