Rupert Murdoch’s News Corp Pay Ticks Up 5 Percent From 2015

CEO Robert J. Thompson continues to double executive chairman’s compensation

Last Updated: October 13, 2016 @ 7:38 AM

Rupert Murdoch got a few more bucks out of News Corp. this year than he did in 2015.

The executive chairman made $5.3 million in 2016 versus $5.1 million last year. Meanwhile, company CEO Robert J. Thompson hauled in $11.3 million, up 10.1 percent.

Don’t feel too bad for Murdoch, however, because he also pulls a paycheck from 21st Century Fox. There, his pay soared 24 percent to $34.6 million this year, as TheWrap previously reported. Plus, the Thompson-Murdoch pay discrepancy has been pretty par-for-the-course over the past few years. Murdoch took a sizable hit in News Corp. pay from 2014 to 2015.

This year, Murdoch’s News Corp. salary ticked up slightly to $1,019,231. Last year, it was a flat million bucks. (The difference for executives there is simply that this fiscal year housed 53 weeks, versus 52 in 2015.) His stock awards increase was better, growing from $2,067,675 to $2,191,949. Finally, under the non-equity incentive plan compensation banner, Murdoch’s money rose from $2 million flat to $2,133,333.

Back at Fox, Murdoch’s two sons also made bank this year. James Murdoch, who is now the CEO, took home $26.4 million, compared to the $15.1 million that he made in 2015 when he was the COO. Meanwhile, Lachlan Murdoch earned $23.7 million in his first year as executive chairman.

News Corp. and 21st Century Fox spun off from one another in 2013. News Corp. is the home to the New York Post and the Wall Street Journal, among many other publications