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Murdoch's stock grant worth slides.
Australasian Business Intelligence, September, 2001
Sep 8, 2001 (The Australian Financial Review
ABIX via COMTEX) -- News Corporation's top executives took home generous salary packages in 2000-01, despite's the stock's decline. According to the media' giant's annual report, the chairman, Rupert Murdoch, earned $US7.6 million, while the president, Peter Chernin, took home $US16 million in salary and bonuses, plus a stock option grant valued at $US4.1 million. The chief executive of Fox News Channel, Roger Ailes, was the company's third-highest-paid executive. News Corporation's shares were trading at about $A13 on the Australian Stock Exchange on 5 September 2001. First published in "The Wall Street Journal".
NEWS CORPORATION LIMITED - ASX NCP: FOX NEWS CHANNEL
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