TIghtening the Belt

In these trying times, we all need to make sacrifices, and Rupert M. is making his.

Rupert Murdoch Made $27.9M In 2015, Down 4.6%

Rupert Murdoch was Fox’s CEO in the fiscal year that ended in June, and the decline in his compensation is close to the 6.7% drop in the company’s dividend adjusted stock price for the period. He made $27.9 million, according to Fox’s proxy filed this evening at the SEC.

RelatedFox Gives Activist Investor Jeffrey Ubben A Seat On Its Board
The package includes: $7.1 million in salary, $5.1 million in stock awards, $9.8 million in non-equity incentives, $5.7 million change in pension value, and $182,636 in other compensation. The last category includes $110,235 for personal use of the corporate aircraft, a $14,922 car allowance and $48,204 in life insurance premiums. ...

Happily, when President Trump, Rubio or Bush (choose one) is sworn into office on January 20, 2017, he will set to work making sure that Mr. Murdoch, sterling job creator, will pay less in onerous taxes on his reduced salary.

So that's good!