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Fox CEO Lachlan Murdoch Earned $29M In FY 2020, Chairman Rupert Murdoch $34M; Down From Year Ago In COVID Nod

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Jill Goldsmith Co-Business EditorFox CEO Lachlan Murdoch’s compensation totaled $29.15 million for the fiscal year ended in June — down sharply from $42.11 million the year before.His dad, chairman Rupert Murdoch, took home $33.98 million, also below the $42.16 million for Fox’s fiscal 2019, according to a proxy statement filed with the Securities and Exchange Commission.The dip is due in part to the executives voluntarily agreeing to forgo 100% of their base salaries from May 1 through September 30, the proxy said.

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