As a Nevada probate court deliberates the future of the Murdoch media empire, a new SEC filing shows that Fox Corp. CEO Lachlan Murdoch took home about $2 million more in overall pay for his services in the most recent fiscal year.
For the company’s fiscal 2024 ended in June, its proxy statement revealed, the CEO’s total compensation hit $23.8 million, up from $21.8 million in the prior year.
Rupert Murdoch, whose stint as chairman ended last year, collected nearly $21.2 million from Fox in fiscal ’24, down from $22.9 million in fiscal ’23.
Annual proxy statements detail the pay of a public company’s top five highest paid executives. The numbers hit as the Murdoch family is fighting over succession of the sprawling media empire once the patriarch is no more.
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