Fox CEO Pay 2025: $33M — Lachlan K. Murdoch | rentseek.ing

Fox Corp (FOX)

Name: Fox Corp Executive Compensation FY2025
Creator: rentseek.ing
Published: 2025-09-25T00:00:00.000Z
License: https://rentseek.ing/terms

Source Filing

DEF 14AFiled Sep 25, 2025View on SEC EDGAR

Methodology →

Executive Record

Lachlan K. Murdoch

Executive Chair and Chief Executive Officer

Awaiting verdict

Reported Pay

$33.0M

Summary compensation table total · FY2025

Pay YoY

+39%

Stock return

+42%

Pay mix

40% equity · 41% cash · 19% other

Loading dossier for FOX FY2025: $33.0M compensation under review.

Findings

01
Reviewing FY2025 compensation of $33.0M against +42% shareholder return and the latest filing-backed pay disclosures.
02
Reported pay changed +39%; spread versus stock performance is pending computation.
03
Evidence is sourced from the latest executive compensation filing and return series for FOX.

Select Executive

All Top Executives

Team view

4 executives

Lachlan K. MurdochCEO

Executive Chair and Chief Executive Officer

Total PayFY2025

$33.0M

40% equity41% cash18% other

John P. Nallen

President and Chief Operating Officer

Total PayFY2025

$15.3M

40% equity48% cash12% other

Adam Ciongoli

Chief Legal and Policy Officer

Total PayFY2025

$10.4M

35% equity64% cash1% other

Steven Tomsic

Chief Financial Officer

Total PayFY2025

$10.3M

35% equity64% cash0% other

Ask a question about this filing

01FY2025 total compensation breakdown

How much does Lachlan K. Murdoch get paid?

$33.0M total compensation

Lachlan K. Murdoch earned $33.0M in FY2025— here's how that breaks down.

Performance bonus

$10.7M

32% of total

Stock awards

$10.6M

32% of total

Pension change

$4.0M

12% of total

Salary

$3.0M

9% of total

Option awards

$2.8M

8% of total

Other compensation

$2.0M

6% of total

Activity timeline · FY2025

Grants, governance, and insider moves

Recent events from filings

GrantsBuysSalesGifts/plannedGovernance

Sep 25, 2025
Lachlan K. Murdoch — Employment Agreement | Term concludes June 30, 2026; Base salary: $3.0 million aggregate; Annual Incentive Compensation target: $6.0 million, max: $12.0 million; Annual SAP Awards target: $11.0 million; Legacy retirement benefits assumed from 21CF; Severance upon termination without cause: cash severance + equity acceleration + health benefits; CIC enhancement: 2x base + 2x target bonus
Sep 25, 2025
John P. Nallen — Employment Agreement | Term concludes June 30, 2028 (amended per 8-K filed February 10, 2025); Base salary: $2.0 million per year; Annual Incentive Compensation target: $3.0 million (FY2025), $4.0 million beginning FY2026, max: $6.0 million; Annual SAP Awards target: $5.0 million (FY2025), $6.5 million beginning FY2026; Legacy enhanced retirement benefits assumed from 21CF; Severance upon termination without cause: cash severance + equity acceleration + health benefits
Sep 25, 2025
Steven Tomsic — Employment Agreement | Term concludes June 30, 2026; Base salary: $1.75 million per year; Annual Incentive Compensation target: $2.75 million, max: $5.5 million; Annual SAP Awards target: $3.0 million
Sep 25, 2025
Adam Ciongoli — Employment Agreement | Term concludes November 30, 2026; Base salary: $1.75 million per year; Annual Incentive Compensation target: $2.75 million, max: $5.5 million; Annual SAP Awards target: $3.0 million
Sep 25, 2025
Lachlan K. Murdoch cash – 2019 SAP
Sep 25, 2025
John P. Nallen cash – 2019 SAP
Sep 25, 2025
Steven Tomsic cash – 2019 SAP
Sep 25, 2025
Adam Ciongoli cash – 2019 SAP

Pay & Performance Snapshot

A pay-performance summary will appear here once the verdict loads above.

02Pay changes vs. stock performance

Is this pay justified?

1 year of data

Peer context

Large-cap median CEO pay $15.5MCompare CEO pay by company size →Peer TSR 157.0% in FY2025Outperformed peers by 67.0%

Dashed line marks the large-cap median compensation benchmark for companies around $22.4B market cap, based on 333 peers in this size band.

03Recent insider trades by officers and directors

Are insiders buying or selling?

~40 trades

Showing rolling 12-month insider activity from the latest filing on record.

Lachlan K. Murdoch · 0 filingsPartial history

Conviction read

Are insiders selling into strength or holding through dips?

Run the conviction pass when you want the tape interpreted, not just listed.

Current lens

Company-wide activity

Every captured filing across FY2022-FY2026. Start with realized sales, then widen out through the filters below.

Stock sales (last 12 months)

$8.0M

2 trades · 129,897 shares

Pre-planned trades

0 trades

Upcoming planned sales (next 90d)

$0 announced

Tax withholding sales

$530.3K withheld

Who is doing the selling

Ranked within FY2022-FY2026 (excluding tax withholding sales).

MURDOCH KEITH RUPERTCIK 0001024835

2 trades · $41.4M value

Last trade 11/21/2025

MURDOCH KEITH RUPERTCIK 0001024835

1 trades · $3.4M value

Last trade 6/16/2023

Ciongoli Adam G.CIK 0001395576

1 trades · $2.1M value

Last trade 12/9/2025

Last 30 days

+$530,254

1 buyer · 3 transactions

Last 90 days

+$530,254

1 buyer · 3 transactions

Recent company activity

Showing 4 of ~40 filings

Ciongoli Adam G.

Jun 30, 2026 · Exercise

Code MValue $0

SEC filing →

Ciongoli Adam G.

Jun 30, 2026 · Exercise

Code M

SEC filing →

Ciongoli Adam G.

Jun 30, 2026 · Tax payment

Code FValue +$530,254

SEC filing →

Burck William A

Apr 1, 2026 · Exercise

Code MValue $0

SEC filing →

Filing log

Company-wide filing log

Showing ~40 filings across FY2022-FY2026. The table opens on realized sales and lets you widen out from there.

FY2022–FY2026

04Showing FY2025 data (latest available)

Who sits on the board?

Showing FY2025

FY2026does not include director compensation in our current dataset, so we're showing the latest board table we found.

Loading board compensation data

We're loading the latest director compensation and board makeup.

05Take action on executive compensation

What can you do about it?

Shareholder activism tools

Start or join campaigns to engage with FOX's board on executive compensation, governance, and shareholder proposals.

Activism Beta — Sign in to start or join campaigns

Start a Campaign for FOX See Existing Campaigns

Use RentSeek in your agent

06For analysts and deep research

Full data tables

Show grant reconciliation, pay tables, and equity data

Loading expanded grant and equity tables…

Realized Pay Adjustments

Pay vs Performance Disclosure

Executive Pay Table

Historical compensation data from latest proxy filing

$ in millions

Year	Salary	Bonus & Incentive	Stock Awards	Option Awards	Other Adj.	Total
2025	$3.00M	$10.7M	$10.6M	$2.75M	$5.96M	$33.0M
2024	$3.00M	$6.00M	$9.35M	$2.75M	$2.71M	$23.8M
2023	$3.00M	$4.45M	$9.17M	$2.75M	$2.41M	$21.8M
2022	$3.00M	$6.27M	$8.21M	$2.75M	$1.52M	$21.7M
2021	$2.25M	$10.5M	$7.96M	$2.75M	$4.22M	$27.7M
2020	$2.53M	$8.48M	$8.89M	$2.75M	$6.51M	$29.2M

Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.

Want to know when Fox Corp files their next proxy?

Get one email when new executive compensation data is filed and processed.

Fox Corp (FOX) — Key Facts

Last updated Jul 3, 2026 · DEF 14A filed Sep 25, 2025

Fox Corp (FOX) — Key Facts
CEO	Lachlan K. Murdoch, Executive Chair and Chief Executive Officer
Fiscal year	FY2025
Total compensation	$33.0M
Base salary	$3M
Stock awards	$10.6M
Other compensation	$2.0M
CEO-to-worker pay ratio	327:1
Year-over-year change	+39%
Source

Frequently Asked Questions

How much does Lachlan K. Murdoch make?

Lachlan K. Murdoch, the Executive Chair and Chief Executive Officer of Fox Corp, received total compensation of $33.0 million in fiscal year 2025. This includes base salary of $3.0 million and stock awards valued at $10.6 million.

What is Lachlan K. Murdoch's salary at Fox Corp?

Lachlan K. Murdoch's base salary at Fox Corp is $3.0 million per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $33.0 million.

What is Fox Corp's CEO compensation?

Fox Corp's CEO, Lachlan K. Murdoch, earned $33.0 million in total compensation for fiscal year 2025. The majority of this compensation comes from stock awards ($10.6 million) rather than base salary ($3.0 million).

What is Fox Corp's CEO to worker pay ratio?

Fox Corp (FOX)

Source Filing

DEF 14AFiled Sep 25, 2025View on SEC EDGAR

Methodology →

Executive Record

Lachlan K. Murdoch

Executive Chair and Chief Executive Officer

Awaiting verdict

Reported Pay

$33.0M

Summary compensation table total · FY2025

Pay YoY

+39%

Stock return

+42%

Pay mix

40% equity · 41% cash · 19% other

Loading dossier for FOX FY2025: $33.0M compensation under review.

Findings

01
Reviewing FY2025 compensation of $33.0M against +42% shareholder return and the latest filing-backed pay disclosures.
02
Reported pay changed +39%; spread versus stock performance is pending computation.
03
Evidence is sourced from the latest executive compensation filing and return series for FOX.

Select Executive

All Top Executives

Team view

4 executives

Lachlan K. MurdochCEO

Executive Chair and Chief Executive Officer

Total PayFY2025

$33.0M

40% equity41% cash18% other

John P. Nallen

President and Chief Operating Officer

Total PayFY2025

$15.3M

40% equity48% cash12% other

Adam Ciongoli

Chief Legal and Policy Officer

Total PayFY2025

$10.4M

35% equity64% cash1% other

Steven Tomsic

Chief Financial Officer

Total PayFY2025

$10.3M

35% equity64% cash0% other

Ask a question about this filing

01FY2025 total compensation breakdown

How much does Lachlan K. Murdoch get paid?

$33.0M total compensation

Lachlan K. Murdoch earned $33.0M in FY2025— here's how that breaks down.

Performance bonus

$10.7M

32% of total

Stock awards

$10.6M

32% of total

Pension change

$4.0M

12% of total

Salary

$3.0M

9% of total

Option awards

$2.8M

8% of total

Other compensation

$2.0M

6% of total

Activity timeline · FY2025

Grants, governance, and insider moves

Recent events from filings

GrantsBuysSalesGifts/plannedGovernance

Sep 25, 2025
Lachlan K. Murdoch — Employment Agreement | Term concludes June 30, 2026; Base salary: $3.0 million aggregate; Annual Incentive Compensation target: $6.0 million, max: $12.0 million; Annual SAP Awards target: $11.0 million; Legacy retirement benefits assumed from 21CF; Severance upon termination without cause: cash severance + equity acceleration + health benefits; CIC enhancement: 2x base + 2x target bonus
Sep 25, 2025
John P. Nallen — Employment Agreement | Term concludes June 30, 2028 (amended per 8-K filed February 10, 2025); Base salary: $2.0 million per year; Annual Incentive Compensation target: $3.0 million (FY2025), $4.0 million beginning FY2026, max: $6.0 million; Annual SAP Awards target: $5.0 million (FY2025), $6.5 million beginning FY2026; Legacy enhanced retirement benefits assumed from 21CF; Severance upon termination without cause: cash severance + equity acceleration + health benefits
Sep 25, 2025
Steven Tomsic — Employment Agreement | Term concludes June 30, 2026; Base salary: $1.75 million per year; Annual Incentive Compensation target: $2.75 million, max: $5.5 million; Annual SAP Awards target: $3.0 million
Sep 25, 2025
Adam Ciongoli — Employment Agreement | Term concludes November 30, 2026; Base salary: $1.75 million per year; Annual Incentive Compensation target: $2.75 million, max: $5.5 million; Annual SAP Awards target: $3.0 million
Sep 25, 2025
Lachlan K. Murdoch cash – 2019 SAP
Sep 25, 2025
John P. Nallen cash – 2019 SAP
Sep 25, 2025
Steven Tomsic cash – 2019 SAP
Sep 25, 2025
Adam Ciongoli cash – 2019 SAP

Pay & Performance Snapshot

A pay-performance summary will appear here once the verdict loads above.

02Pay changes vs. stock performance

Is this pay justified?

1 year of data

Peer context

Large-cap median CEO pay $15.5MCompare CEO pay by company size →Peer TSR 157.0% in FY2025Outperformed peers by 67.0%

Dashed line marks the large-cap median compensation benchmark for companies around $22.4B market cap, based on 333 peers in this size band.

03Recent insider trades by officers and directors

Are insiders buying or selling?

~40 trades

Showing rolling 12-month insider activity from the latest filing on record.

Lachlan K. Murdoch · 0 filingsPartial history

Conviction read

Are insiders selling into strength or holding through dips?

Run the conviction pass when you want the tape interpreted, not just listed.

Current lens

Company-wide activity

Every captured filing across FY2022-FY2026. Start with realized sales, then widen out through the filters below.

Stock sales (last 12 months)

$8.0M

2 trades · 129,897 shares

Pre-planned trades

0 trades

Upcoming planned sales (next 90d)

$0 announced

Tax withholding sales

$530.3K withheld

Who is doing the selling

Ranked within FY2022-FY2026 (excluding tax withholding sales).

MURDOCH KEITH RUPERTCIK 0001024835

2 trades · $41.4M value

Last trade 11/21/2025

MURDOCH KEITH RUPERTCIK 0001024835

1 trades · $3.4M value

Last trade 6/16/2023

Ciongoli Adam G.CIK 0001395576

1 trades · $2.1M value

Last trade 12/9/2025

Last 30 days

+$530,254

1 buyer · 3 transactions

Last 90 days

+$530,254

1 buyer · 3 transactions

Recent company activity

Showing 4 of ~40 filings

Ciongoli Adam G.

Jun 30, 2026 · Exercise

Code MValue $0

SEC filing →

Ciongoli Adam G.

Jun 30, 2026 · Exercise

Code M

SEC filing →

Ciongoli Adam G.

Jun 30, 2026 · Tax payment

Code FValue +$530,254

SEC filing →

Burck William A

Apr 1, 2026 · Exercise

Code MValue $0

SEC filing →

Filing log

Company-wide filing log

Showing ~40 filings across FY2022-FY2026. The table opens on realized sales and lets you widen out from there.

FY2022–FY2026

04Showing FY2025 data (latest available)

Who sits on the board?

Showing FY2025

FY2026does not include director compensation in our current dataset, so we're showing the latest board table we found.

Loading board compensation data

We're loading the latest director compensation and board makeup.

05Take action on executive compensation

What can you do about it?

Shareholder activism tools

Start or join campaigns to engage with FOX's board on executive compensation, governance, and shareholder proposals.

Activism Beta — Sign in to start or join campaigns

Start a Campaign for FOX See Existing Campaigns

Use RentSeek in your agent

06For analysts and deep research

Full data tables

Show grant reconciliation, pay tables, and equity data

Loading expanded grant and equity tables…

Realized Pay Adjustments

Pay vs Performance Disclosure

Executive Pay Table

Historical compensation data from latest proxy filing

$ in millions

Year	Salary	Bonus & Incentive	Stock Awards	Option Awards	Other Adj.	Total
2025	$3.00M	$10.7M	$10.6M	$2.75M	$5.96M	$33.0M
2024	$3.00M	$6.00M	$9.35M	$2.75M	$2.71M	$23.8M
2023	$3.00M	$4.45M	$9.17M	$2.75M	$2.41M	$21.8M
2022	$3.00M	$6.27M	$8.21M	$2.75M	$1.52M	$21.7M
2021	$2.25M	$10.5M	$7.96M	$2.75M	$4.22M	$27.7M
2020	$2.53M	$8.48M	$8.89M	$2.75M	$6.51M	$29.2M

Want to know when Fox Corp files their next proxy?

Get one email when new executive compensation data is filed and processed.

Fox Corp (FOX) — Key Facts

Last updated Jul 3, 2026 · DEF 14A filed Sep 25, 2025

Fox Corp (FOX) — Key Facts
CEO	Lachlan K. Murdoch, Executive Chair and Chief Executive Officer
Fiscal year	FY2025
Total compensation	$33.0M
Base salary	$3M
Stock awards	$10.6M
Other compensation	$2.0M
CEO-to-worker pay ratio	327:1
Year-over-year change	+39%
Source

Frequently Asked Questions

How much does Lachlan K. Murdoch make?

What is Lachlan K. Murdoch's salary at Fox Corp?

Lachlan K. Murdoch's base salary at Fox Corp is $3.0 million per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $33.0 million.

Executive Compensation Summary for Fox Corp

Lachlan K. Murdoch Salary and Compensation - Fox Corp CEO Pay 2025

Fox Corp (FOX) Executive Pay 2025

Loading dossier for FOX FY2025: $33.0M compensation under review.

Select Executive

All Top Executives

How much does Lachlan K. Murdoch get paid?

Grants, governance, and insider moves

Pay & Performance Snapshot

Is this pay justified?

Are insiders buying or selling?

Are insiders selling into strength or holding through dips?

Company-wide activity

Who is doing the selling

Recent company activity

Company-wide filing log

Who sits on the board?

Loading board compensation data

What can you do about it?

Full data tables

Realized Pay Adjustments

Pay vs Performance Disclosure

Executive Pay Table

Want to know when Fox Corp files their next proxy?

Frequently Asked Questions

How much does Lachlan K. Murdoch make?

What is Lachlan K. Murdoch's salary at Fox Corp?

What is Fox Corp's CEO compensation?

What is Fox Corp's CEO to worker pay ratio?

Executive Compensation Summary for Fox Corp

Lachlan K. Murdoch Salary and Compensation - Fox Corp CEO Pay 2025

Fox Corp (FOX) Executive Pay 2025

Loading dossier for FOX FY2025: $33.0M compensation under review.

Select Executive

All Top Executives

How much does Lachlan K. Murdoch get paid?

Grants, governance, and insider moves

Pay & Performance Snapshot

Is this pay justified?

Are insiders buying or selling?

Are insiders selling into strength or holding through dips?

Company-wide activity

Who is doing the selling

Recent company activity

Company-wide filing log

Who sits on the board?

Loading board compensation data

What can you do about it?

Full data tables

Realized Pay Adjustments

Pay vs Performance Disclosure

Executive Pay Table

Want to know when Fox Corp files their next proxy?

Frequently Asked Questions

How much does Lachlan K. Murdoch make?

What is Lachlan K. Murdoch's salary at Fox Corp?

What is Fox Corp's CEO compensation?

What is Fox Corp's CEO to worker pay ratio?