Lachlan Murdoch Inks Contract Extension With Fox Into 2030

Fox Corp. Board Ups CEO Lachlan Murdoch’s Annual Bonus And Equity Award, Extends Contract Through 2030

Fox Corp.’s board of directors has extended the contract of CEO Lachlan Murdoch through 2030 and also given him a raise in the form of a higher annual bonus and equity award. Starting July 1, according to an SEC filing Thursday, his target annual bonus is rising to $9 million, and his target annual equity […]

Lachlan Murdoch Extends Fox Contract Through 2030

Lachlan Murdoch will stay on as chief executive officer of Fox Corp. through 2030 in a new contract extension. Fox disclosed the contract details in a securities filing Thursday. Chief Financial Officer Steve Tomsic will remain in his role through 2030. Murdoch recused himself from the extension talks. The compensation committee and board of directors unanimously approved an increase to the CEO’s target annual bonus to $9 million and target annu…

Lachlan Murdoch Inks Contract Extension With Fox Into 2030

Murdoch, of course, controls the company through a family trust. CFO Steve Tomsic also inked a deal extension.

Filing: Fox Corp.'s board extends CEO Lachlan Murdoch's contract through 2030 and raises his target annual bonus to $9M and his annual equity award to $20M (Dade Hayes/Deadline)

Dade Hayes / Deadline: Filing: Fox Corp.'s board extends CEO Lachlan Murdoch's contract through 2030 and raises his target annual bonus to $9M and his annual equity award to $20M  —  Starting July 1, according to an SEC filing Thursday, his target annual bonus is rising to $9 million, and his target annual equity award increasing to $20 million.