Fox Corp. to Suspend or Cut Executive Pay Through September [TheStreet.com]
Fox Corporation - Class B (FOX)
Last fox corporation - class b earnings: 5/10 04:03 pm
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Source: TheStreet.com
Fox Corp.(FOXAGet ReportChairman Rupert Murdoch and Chief Executive Lachlan Murdoch will forgo their salaries through Sept. 30, effective immediately.Fox shares at last check were off 2% to $25.03.Other executives, including Chief Operating Officer John Nallen, Chief Legal Officer Viet Dinh and Chief Financial Officer Steve Tomsic, will also forgo their paychecks."The rest of my direct-report executive team will reduce their salaries by 50% through the same period. And from May 1st through July 31st, 2020, our executives at the VP level and above will reduce their salaries by 15%," Lachlan Murdoch said in the memo.Raises throughout the company are suspended, including for the board. The company has no plans for layoffs and furloughs.Rupert Murdoch earns $5 million in salary but his compensation tops $29 million with incentives and stock, according to The New York Times. Lachlan Murdoch’s salary is $3 million, with an additional $20 million coming from stocks and bonuses."Following th
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FOX
News
- Fox Corporation Chief Financial Officer Steve Tomsic to Participate in Upcoming UBS Global Media and Communications ConferencePR Newswire
- FOX (NASDAQ:FOX) had its "buy (b+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- FOX (NASDAQ:FOX) had its "buy (b+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- FOX News Media CEO Suzanne Scott participates in fireside chat with University of South Carolina students [FOX News]FOX News
- Disney settles dispute with YouTube TV, allowing ABC and ESPN to return to channel lineups [Los Angeles Times (CA)]Los Angeles Times
FOX
Earnings
- 10/31/25 - Beat
FOX
Analyst Actions
- 10/31/25 - UBS Group AG