NewsCorp non-execs in line for huge pay rises
Rupert Murdoch's News Corporation is seeking shareholder approval to almost triple the salaries of its eight non-executive directors.
Rupert Murdoch's News Corporation is seeking shareholder approval to almost triple the salaries of its eight non-executive directors.
Link: Top names lined up to replace Grasso
The US-based company, which owns a 35.4% stake in BskyB, wants to raise their salaries from $450,000 (£269,000) to $1.2m (£718,000), and those that could benefit include Rod Eddington, chief executive of British Airways and Graham Kraehe, chairman of BHP Steel.
News of this planned increase came in a note to shareholders issued ahead of the company’s agm later this month, and comes at a time when excessive pay for directors has come under increasing attack.
Last month, Richard Grasso, chief executive of the New York Stock Exchange, resigned after it was revealed that he was to receive a $140m pay package.
The numbers you crunch tell a story. Your expertis...
21yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View article