But those executives--including Rupert Murdoch and his son Lachlan--are still among the best-paid execs in corporate America.
According to documents filed with the Securities & Exchange Commission, Rupert Murdoch, chairman of Fox, received $42.2 million in total compensation for the fiscal year ended June 30. That compares to $49.2 million in 2018 and $29.3 million in 2017.
Murdoch’s 2019 total includes a salary of $6.5 million, a stock award of $12.6 million, $7 million in non-equity incentive plan compensation and an $11.1 million change in the values of deferred compensation.
For Lachlan Murdoch, CEO of Fox, total compensation was $42.1 million, down from $50.7 million in 2018 and $20.6 million in 2017.
Both Murdochs are also enjoying money from Disney, which paid $71 billion for 21st Century Fox.
Fox said that if transaction-related and other income was removed from the report, the amount of compensation approved by the Fox board for Rupert Murdoch would have been $29.3 million and $23.6 million for Lachlan Murdoch.