Fox Corp. CEO Lachlan Murdoch Receives Pay Increase During Family Struggles
Thursday, 26 September 2024, 22:18
Pay Increase for Fox Corp. CEO
Amid family drama within the Murdoch family, Fox Corp. CEO Lachlan Murdoch's compensation has seen a notable rise according to a recent SEC filing. This comes as the media empire's future is in the balance at a Nevada probate court.
Details of Lachlan Murdoch's Compensation
- Higher overall pay reported for the most recent fiscal year.
- Market reactions to the pay increase and its timing.
Impact on the Murdoch Media Empire
As the court deliberates on the future of the Murdoch media empire, Lachlan's pay increase may impact investor confidence. This is particularly pertinent given that Rupert Murdoch has been a pivotal figure in the media landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.