Companies Fox Corp
Fox (FOX): executive pay, fiscal 2026
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CEO pay, last three years
- $23,806,025FY2024
- $32,980,954FY2025
- $31,019,117FY2026
CEO total pay was $31,019,117 in fiscal 2026, down from $32,980,954 in fiscal 2025.
FY2026: salary $3,000,000 · bonus $0 · stock awards $8,678,255 · option awards $2,750,000
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Executives and directors
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Lachlan Murdoch | $3,000,000 | $0 | $8,678,255 | $2,750,000 | $11,400,000 | $3,072,000 | $2,118,862 | $31,019,117 |
| Executive Chair and Chief Executive Officer | ||||||||
| John Nallen | 2,000,000 | 0 | 5,128,042 | 1,625,000 | 7,600,000 | 1,636,000 | 159,652 | 18,148,694 |
| President and Chief Operating Officer | ||||||||
| Adam Ciongoli | 1,750,000 | 0 | 2,366,750 | 750,000 | 5,225,000 | 0 | 33,121 | 10,124,871 |
| Chief Legal and Policy Officer | ||||||||
| Steven Tomsic | 1,750,000 | 0 | 2,366,750 | 750,000 | 5,225,000 | 0 | 31,973 | 10,123,723 |
| Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2026 total | FY2025 total | FY2024 total | Δ FY2025→2026 |
|---|---|---|---|---|
| Lachlan Murdoch | $31,019,117 | $32,980,954 | $23,806,025 | ↓ −1,961,837 |
| John Nallen | 18,148,694 | 15,284,962 | 12,378,327 | ↑ +2,863,732 |
| Adam Ciongoli | 10,124,871 | 10,364,761 | 9,166,672 | ↓ −239,890 |
| Steven Tomsic | 10,123,723 | 10,321,507 | 7,839,134 | ↓ −197,784 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The goal of the Compensation Committee is to provide total compensation packages that are competitive with prevailing practices in our industry and are reflective of FOX’s performance in our industry relative to the Peer Group.
| CEO STI target (% of salary) | 200% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | FW Cook |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2026
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Steven Tomsic | Option | 41,597 | 54.03 | — |
| Adam Ciongoli | Option | 41,597 | 54.03 | — |
| Steven Tomsic | PSU | 58,466 | — | 3,049,587 |
| Adam Ciongoli | PSU | 58,466 | — | 3,049,587 |
| Steven Tomsic | Option | 64,267 | 38.98 | — |
| Adam Ciongoli | Option | 64,267 | 38.98 | — |
| Steven Tomsic | Option | 72,046 | 34.84 | — |
| Adam Ciongoli | RSU | 83,217 | — | 4,340,599 |
| John Nallen | Option | 90,127 | 54.03 | — |
| John Nallen | PSU | 104,324 | — | 5,441,540 |
| John Nallen | Option | 107,112 | 38.98 | — |
| Adam Ciongoli | Option | 109,970 | 34.84 | — |
| Steven Tomsic | RSU | 113,200 | — | 5,904,512 |
| John Nallen | Option | 120,076 | 34.84 | — |
| Lachlan Murdoch | Option | 152,523 | 54.03 | — |
| John Nallen | RSU | 202,429 | — | 10,558,697 |
| Lachlan Murdoch | PSU | 214,385 | — | 11,182,322 |
| Lachlan Murdoch | Option | 235,646 | 38.98 | — |
| Lachlan Murdoch | Option | 264,169 | 34.84 | — |
| Lachlan Murdoch | RSU | 415,074 | — | 21,650,260 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Roland A. HernandezIndependent · Audit (Chair) · Nominating and Corporate Governance | $155,000 | $224,995 | — | — | — | $379,995 |
| William A. BurckIndependent · Compensation (Chair) · Nominating and Corporate Governance | 150,000 | 224,995 | — | — | — | 374,995 |
| Paul D. RyanIndependent · Nominating and Corporate Governance (Chair) · Compensation | 145,000 | 224,995 | — | — | — | 369,995 |
| Margaret “Peggy” L. JohnsonIndependent · Audit · Compensation | 130,000 | 224,995 | — | — | — | 354,995 |
| Chase CareyIndependent · Lead Independent Director · Audit · Compensation | 130,000 | 224,995 | — | — | — | 354,995 |
| Tony Abbott ACIndependent · Nominating and Corporate Governance | 110,000 | 224,995 | — | — | — | 334,995 |
| Lachlan K. MurdochEmployee director · Board Chair | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $100,000 |
|---|---|
| Annual equity retainer | $225,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 30,000 / 25,000 / 20,000 |
| Stock ownership guideline | $5 |
Total cost of the board
| Component | FY2026 |
|---|---|
| Cash retainers and fees | $820,000 |
| Equity awards (grant-date value) | $1,349,970 |
| All other compensation | $0 |
| Total cost of the board | $2,169,970 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Fox as a peer
Companies that benchmark against FOX
17 companies name FOX as a compensation peer
- AMC Global Media Inc.AMCXFY2025
- CHARTER COMMUNICATIONS, INC. /MO/CHTRFY2025
- COMCAST CORPCCZFY2025
- FuboTV Inc.FUBOFY2025
- GRAY MEDIA, INCGTNFY2025
- Lionsgate Studios Corp.LIONFY2026
- Live Nation Entertainment, Inc.LYVFY2025
- NETFLIX INCNFLXFY2025
- NEWS CORPNWSFY2026
- NEXSTAR MEDIA GROUP, INC.NXSTFY2025
- Paramount GlobalPARAFY2024
- Paramount GlobalVIACFY2024
- Sinclair, Inc.SBGIFY2025
- SIRIUS XM HOLDINGS INC.SIRIFY2025
- TAKE TWO INTERACTIVE SOFTWARE INCTTWOFY2026
- TKO Group Holdings, Inc.TKOFY2025
- Warner Bros. Discovery, Inc.WBDFY2025
Each company listed discloses FOX in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named FOX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Disclosed peer group — fiscal year 2026
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Peer reciprocity
Of the companies Fox Corp names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Fox Corp.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Fox Corp | 2026 | Lachlan Murdoch | $3,000,000 | $8,678,255 | $2,750,000 | $11,400,000 | $31,019,117 |
| 2 | AMC Global Media Inc. | 2025 | Adam Aron | 1,557,692 | 7,381,282 | 0 | 6,000,000 | 14,975,072 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Fox Corp | 190% | RSU 50 · PSU 25 · Options 25 | Yes — The Company’s three-year total stockholder return as measured against the three-year total stockholder return of the companies that comprise the Standard & Poor’s 500 Index (“Relative TSR”) | FW Cook |
| AMC Global Media Inc. | not disclosed | PSU 60 · RSU 40 | not disclosed | Korn Ferry |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-11-14 | 192,375,927 | 8,152,439 | 1,473,624 | 95.93% | Passed |
| 2024 | 2024-11-19 | 195,653,229 | 14,467,168 | 39,365 | 93.11% | Passed |
| 2023 | 2023-11-17 | 198,747,570 | 9,228,275 | 103,670 | 95.56% | Passed |
| 2022 | 2022-11-03 | 201,080,708 | 10,710,102 | 160,778 | 94.87% | Passed |
| 2021 | 2021-11-10 | 214,774,761 | 11,056,862 | 40,459 | 95.1% | Passed |
| 2020 | 2020-11-12 | 219,774,276 | 21,304,934 | 209,179 | 91.16% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2025 | 2025-11-14 | 95.93%a |
| 2024 | 2024-11-19 | 93.11%b |
| 2023 | 2023-11-17 | 95.56%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 295 : 1 |
|---|---|
| CEO total compensation | $31,019,117 |
| Median employee compensation | $104,998 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (20 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Lachlan Murdoch. DEF 14A, filed 2026-09-17. Section “Summary Compensation Table for the Fiscal Year Ended June 30,” · page 37. As printed: 31,019,117. View filing ↗
- Section 01, John Nallen. DEF 14A, filed 2026-09-17. Section “Summary Compensation Table for the Fiscal Year Ended June 30,” · page 37. As printed: 18,148,694. View filing ↗
- Section 01, Adam Ciongoli. DEF 14A, filed 2026-09-17. Section “Summary Compensation Table for the Fiscal Year Ended June 30,” · page 37. As printed: 10,124,871. View filing ↗
- Section 01, Steven Tomsic. DEF 14A, filed 2026-09-17. Section “Summary Compensation Table for the Fiscal Year Ended June 30,” · page 37. As printed: 10,123,723. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-09-17. Section “CEO Pay Ratio”. As printed: 295 : 1. View filing ↗
- Section 08, Roland A. Hernandez. DEF 14A, filed 2026-09-17. Section “Director Compensation”. As printed: 379,995. View filing ↗
- Section 08, William A. Burck. DEF 14A, filed 2026-09-17. Section “Director Compensation”. As printed: 374,995. View filing ↗
- Section 08, Paul D. Ryan. DEF 14A, filed 2026-09-17. Section “Director Compensation”. As printed: 369,995. View filing ↗
- Section 08, Margaret “Peggy” L. Johnson. DEF 14A, filed 2026-09-17. Section “Director Compensation”. As printed: 354,995. View filing ↗
- Section 08, Chase Carey. DEF 14A, filed 2026-09-17. Section “Director Compensation”. As printed: 354,995. View filing ↗
- Section 08, Tony Abbott AC. DEF 14A, filed 2026-09-17. Section “Director Compensation”. As printed: 334,995. View filing ↗
- Section 08, Lachlan K. Murdoch. DEF 14A, filed 2026-09-17. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-11-17. Item 5.07 · say-on-pay result. As reported: 95.93% (votes for as printed: 192,375,927). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-11-19. Item 5.07 · say-on-pay result. As reported: 93.11% (votes for as printed: 195,653,229). View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-11-17. Item 5.07 · say-on-pay result. As reported: 95.56% (votes for as printed: 198,747,570). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 820,000 + equity 1,349,970 + all other 0 = 2,169,970, summed across the director compensation table rows.
- Fox Corp (subject), Section 10b CEO total. DEF 14A, filed 2026-09-17. CEO total compensation as printed in Fox Corp's own proxy. As printed: 31,019,117. View filing ↗
- AMC Global Media Inc., Section 10b CEO total. DEF 14A, filed 2026-08-10. CEO total compensation as printed in AMC Global Media Inc.'s own proxy. As printed: 14,975,072. View filing ↗
- Section 10a, AMC Global Media Inc. reciprocity. DEF 14A. AMC Global Media Inc.'s most recent proxy was read; its disclosed peer group does not include Fox Corp. View filing ↗