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Rupert Murdoch Lachlan Murdoch Brian Steinberg-Senior Coronavirus pandemic Fox and Rupert Murdoch Lachlan Murdoch Brian Steinberg-Senior

Rupert and Lachlan Murdoch’s Fox Corp. Compensations Decrease to $31M and $27M

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Brian Steinberg Senior TV EditorSalaries for senior executives at Fox Corporation declined in the company’s most recent fiscal year as the owner of Fox News Channel and the Fox broadcast network reduced compensation packages as part of dealing with conditions spurred by the coronavirus pandemic.Lachlan Murdoch, CEO of Fox and executive chairman, saw his total compensation fall to $27.7 million in fiscal 2021, compared with $29.2 million in the previous fiscal year, marking a decrease of approximately 5%.

Rupert Murdoch, the company’s executive chairman and the CEO’s father, saw his total compensation dip to $31.1 million, compared with $34 million in the previous fiscal year, representing a drop of approximately 8.4%.

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