Lachlan K. Murdoch, born on August 8, 1971, in London, is the CEO of Fox Corporation and holds a Bachelor of Arts in Philosophy from Princeton University. He took up the CEO role in October 2018, bringing a wealth of...

Lachlan K. Murdoch, born on August 8, 1971, in London, is the CEO of Fox Corporation and holds a Bachelor of Arts in Philosophy from Princeton University. He took up the CEO role in October 2018, bringing a wealth of experience from his previous positions, including Executive Chairman of 21st Century Fox. Under his leadership, Fox has focused on cash generation and successful franchise development in media. In 2022, Murdoch’s total compensation reached over $21 million, driven by a mix of salary, a substantial annual bonus based on performance, and vested stock awards. His insight into media dynamics and his family's legacy in the industry influence his strategic decisions. Murdoch is also involved with various community engagement projects through Fox, showing a keen interest in aligning corporate actions with social responsibility. He believes in building a resilient company poised for sustainable growth amidst a rapidly changing media landscape.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

F

Lachlan K. Murdoch

CEO of Fox Corporation

Education

Bachelor of Arts in Philosophy from Princeton University

Field of Expertise

Media & Entertainment - Media

Sector of Economy

Communication Services

Born

August 8, 1971 - 53 years ago

CEO of Fox Corporation for

6 years 0 months (Mar 2019 - Present)

Previous Experience

CEO of Fox News Channel, Chairman and CEO of Fox Television Stations

Rivals

Competitors/colleagues of Lachlan K. Murdoch

D

Jason Robins

Founder and CEO of DraftKings Inc.

2023 Compensation

Stock

$300.00K

Salary

$500.00K

Bonus

$200.00K

Other

$150.00K

Total Holdings

$27.71M

N

Robert J. Thomson

CEO of News Corporation

2019 Compensation

Stock

$1.50M

Salary

$3.00M

Bonus

$1.00M

Other

$500.00K

Total Holdings

$3.22M

N

Perry A. Sook

Founder and CEO of Nexstar Media Group, Inc.

2023 Compensation

Stock

$50.56M

Salary

$3.00M

Bonus

$4.90M

Other

$173.17K

Total Holdings

$305.26M

Holdings

See how much did Lachlan K. Murdoch make over time.

Lachlan K. Murdoch holds significant stock in Fox Corporation, particularly in its Class B common stock, which offers him influential voting power. His holdings peaked significantly in value around the company's initial public offering and have remained a key part...

Lachlan K. Murdoch holds significant stock in Fox Corporation, particularly in its Class B common stock, which offers him influential voting power. His holdings peaked significantly in value around the company's initial public offering and have remained a key part of his wealth and influence. In 2021, he had vested stock worth $3.4 million and a notable annual bonus structure tied to company performance, which showcases how closely his interests align with shareholder value. His stock holdings reflect confidence in the company's direction and strategy within a challenging media environment.

Total Stock Sold

$24.34M

FOX

$24.34M

686,013 FOX shares

What if they kept their stock?

If Lachlan K. Murdoch didn't sell their stock, today they would have:
Extra FOX686,013 shares worth $17.71M.
This is -27.22% and $6.62M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Lachlan K. Murdoch.

FOX

$4.68M

FOX at $39.06/share

Aug 15, 2024

Purchase

FOX

$4.78M

FOX at $33.84/share

Aug 15, 2023

Purchase

FOX

$4.78M

FOX at $33.84/share

Aug 15, 2023

Sale

FOX

$4.63M

FOX at $36.50/share

Aug 15, 2022

Sale

FOX

$4.63M

FOX at $36.50/share

Aug 15, 2022

Purchase

FOX

$5.81M

FOX at $37.00/share

Aug 15, 2021

Purchase

FOX

$5.81M

FOX at $37.00/share

Aug 15, 2021

Sale

FOX

$5.90M

FOX at $25.74/share

Aug 15, 2020

Purchase

FOX

$5.90M

FOX at $25.74/share

Aug 15, 2020

Sale

Compensation History

See how much did Lachlan K. Murdoch make over time.

For the fiscal year ending June 30, 2023, Lachlan K. Murdoch received a total compensation package of approximately $21.8 million. His base salary was around $3 million, complemented by a bonus of $4.4 million based on the company's performance metrics. A notable aspect of his compensation is the significant value of vested stock awards, totaling about $7.9 million. These stock awards reflect his performance-linked pay strategy, designed to align his incentives with long-term shareholder interests. Murdoch's compensation has seen fluctuations over the years, with the highest total being in 2020 at nearly $27.7 million, indicating responsiveness to both company performance and market conditions. The compensation philosophy at Fox is about attracting and retaining top talent while encouraging growth and performance.

Year

2022

Total Compensation

$17.08M

Salary

$3.00M

Board Justification

The compensation program is designed to attract, retain, and motivate top executive talent while aligning their interests with those of stockholders through performance-based incentives.

Bonus

$4.45M

Board Justification

Annual Incentive Compensation based on Company performance metrics, with a target of $6 million and maximum payout of $12 million.

Other

$1.77M

Board Justification

Includes perquisites such as personal use of corporate aircraft, car allowance, company contributions to 401(k) plan, life insurance premiums, and residential security.

Restricted Stock

$7.87M(215.5K RSU)

Board Justification

Stock awards that vested during the fiscal year ended June 30, 2023, based on performance metrics achieved.

Performance Metrics

Adjusted EBITDA and qualitative performance factors.