Companies NEWS CORP
NEWS (NWS): executive pay, fiscal 2026
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CEO pay, last three years
- $20,329,706FY2024
- $20,623,729FY2025
- $19,745,396FY2026
CEO total pay was $19,745,396 in fiscal 2026, down from $20,623,729 in fiscal 2025.
FY2026: salary $3,000,000 · bonus $0 · stock awards $10,013,270 · option awards $0
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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 |
|---|---|---|---|---|---|---|---|---|
| Robert Thomson | $3,000,000 | $0 | $10,013,270 | $0 | $6,166,667 | $1,000 | $564,459 | $19,745,396 |
| Chief Executive Officer | ||||||||
| Lavanya Chandrashekar | 1,400,000 | 0 | 2,513,207 | 0 | 3,000,000 | 0 | 168,428 | 7,081,635 |
| Chief Financial Officer | ||||||||
| David Pitofsky | 1,400,000 | 0 | 2,333,322 | 0 | 2,400,000 | 0 | 219,871 | 6,353,193 |
| General Counsel | ||||||||
| Julian Delany | 850,000 | 0 | 817,888 | 0 | 1,020,000 | 0 | 753,214 | 3,441,102 |
| Chief Technology Officer | ||||||||
| Ruth Allen | 861,882 | 0 | 971,936 | 0 | 1,034,258 | 0 | 130,146 | 2,998,222 |
| Chief Human Resources 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 |
|---|---|---|---|---|
| Robert Thomson | $19,745,396 | $20,623,729 | $20,329,706 | ↓ −878,333 |
| Lavanya Chandrashekar | 7,081,635 | 5,465,018 | — | ↑ +1,616,617 |
| David Pitofsky | 6,353,193 | 6,217,494 | 4,974,571 | ↑ +135,699 |
| Julian Delany | 3,441,102 | — | — | — |
| Ruth Allen | 2,998,222 | 2,957,269 | 2,615,924 | ↑ +40,953 |
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 Company's executive compensation program seeks to support the creation of long-term growth and value for stockholders by driving company performance through variable, performance-based compensation, aligning pay with performance via rigorous targets, and attracting, retaining, and motivating leadership talent.
| CEO STI target (% of salary) | 167% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Frederic W. Cook & Co., Inc. |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
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 |
|---|---|---|---|---|
| Lavanya Chandrashekar | RSU | 45,475 | — | $1,155,520 |
| Ruth Allen | RSU | 47,127 | — | 1,197,497 |
| Ruth Allen | PSU | 75,727 | — | 1,924,223 |
| David Pitofsky | RSU | 126,304 | — | 3,209,385 |
| David Pitofsky | PSU | 166,130 | — | 4,221,363 |
| Lavanya Chandrashekar | PSU | 195,249 | — | 4,961,277 |
| Robert Thomson | RSU | 649,291 | — | 16,498,484 |
| Robert Thomson | PSU | 827,611 | — | 21,029,596 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Lachlan K. MurdochNot independent · Board Chair | $100,000 | $202,696 | — | — | $784,856 | $1,087,552 |
| Masroor SiddiquiIndependent · Lead Independent Director · Audit (Chair) · Compensation (Chair) | 215,000 | 202,696 | — | — | 17,658 | 435,354 |
| José María AznarIndependent · Nominating Corporate Governance | 137,500 | 202,696 | — | — | 18,852 | 359,048 |
| Ana Paula PessoaIndependent · Nominating Corporate Governance | 125,000 | 202,696 | — | — | 22,322 | 350,018 |
| Natalie BancroftIndependent · Compensation · Nominating Corporate Governance | 120,000 | 202,696 | — | — | 0 | 322,696 |
| Robert J. ThomsonEmployee director | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $100,000 |
|---|---|
| Annual equity retainer | $195,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 15,000 / 12,500 |
| Stock ownership guideline | $500,000 |
Total cost of the board
| Component | FY2026 |
|---|---|
| Cash retainers and fees | $697,500 |
| Equity awards (grant-date value) | $1,013,480 |
| All other compensation | $843,688 |
| Total cost of the board | $2,554,668 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names NEWS as a peer
Companies that benchmark against NWS
5 companies name NWS as a compensation peer
- FuboTV Inc.FUBOFY2025
- Graham Holdings CoGHCFY2025
- GRAY MEDIA, INCGTNFY2025
- NEXSTAR MEDIA GROUP, INC.NXSTFY2025
- SIRIUS XM HOLDINGS INC.SIRIFY2025
Each company listed discloses NWS 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 NWS 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 NEWS 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 NEWS 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 | Omnicom Group Inc. | 2025 | John Wren | $416,667 | $0 | $69,280,000 | $0 | $69,865,846 |
| 2 | FactSet Research Systems Inc. | 2026 | Sanoke Viswanathan | 980,769 | 22,708,861 | 22,000,063 | 3,235,290 | 62,046,674 |
| 3 | Nexstar Media Group, Inc. | 2025 | Perry Sook | 3,000,000 | 29,584,405 | 0 | 4,085,072 | 39,509,740 |
| 4 | Liberty Global Ltd. | 2025 | Michael Fries | 3,000,000 | 18,042,057 | 0 | 13,000,000 | 37,717,946 |
| 5 | CoStar Group, Inc. | 2025 | Andrew Florance | 1,000,000 | 28,318,400 | 3,425,382 | 3,000,000 | 36,431,936 |
| 6 | Booking Holdings Inc. | 2025 | Glenn Fogel | 1,250,000 | 26,202,279 | 0 | 4,042,500 | 35,418,102 |
| 7 | Fox Corporation | 2026 | Lachlan Murdoch | 3,000,000 | 8,678,255 | 2,750,000 | 11,400,000 | 31,019,117 |
| 8 | NEWS CORP | 2026 | Robert Thomson | 3,000,000 | 10,013,270 | 0 | 6,166,667 | 19,745,396 |
| 9 | Gartner, Inc. | 2025 | Eugene Hall | 985,185 | 11,619,477 | 4,979,932 | 1,483,655 | 19,226,580 |
| 10 | People Incorporated (formerly IAC Inc.) | 2025 | Joseph Levin | 273,077 | 0 | 0 | 0 | 17,601,042 |
| 11 | The Interpublic Group of Companies, Inc. | 2023 | Philippe Krakowsky | 1,500,000 | 6,663,055 | 0 | 6,055,600 | 14,441,360 |
| 12 | S&P Global Inc. | 2025 | Martina Cheung | 1,000,000 | 8,978,041 | 0 | 2,445,300 | 12,831,062 |
| 13 | Sirius XM Holdings Inc. | 2025 | Jennifer Witz | 2,000,000 | 0 | 0 | 6,000,000 | 8,012,795 |
| 14 | Zillow Group, Inc. | 2025 | Jeremy Wacksman | 850,266 | 4,006,800 | 2,249,536 | 0 | 7,138,557 |
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 |
|---|---|---|---|---|
| NEWS CORP | not disclosed | PSU 70 · RSU 30 | Yes — Relative TSR percentile | Frederic W. Cook & Co., Inc. |
| Booking Holdings Inc. | 162% | PSU 60 · RSU 40 | Yes — Relative Total Stockholder Return (rTSR) | Semler Brossy |
| CoStar Group, Inc. | 200% | RSU 45 · PSU 40 · Options 15 | No | Willis Towers Watson |
| FactSet Research Systems Inc. | not disclosed | Option 50 · PSU 50 | not disclosed | Meridian Compensation Partners |
| Fox Corporation | not disclosed | 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 |
| Gartner, Inc. | 119.6% | PSU 70 · Options 30 | No | Exequity |
| Liberty Global Ltd. | 112.2% | PSU 70 · RSU 20 · LTIP Units 10 | No | The Croner Company |
| Nexstar Media Group, Inc. | 113% | RSU 50 · PSU 50 | Yes — Relative TSR vs Peer Group | Meridian |
| Omnicom Group Inc. | 130.8% | not disclosed | not disclosed | FW Cook |
| People Incorporated (formerly IAC Inc.) | not disclosed | RSU 100 | not disclosed | Compensia, Inc. |
| S&P Global Inc. | 108.68% | PSU 70 · RSU 30 | No | Pay Governance |
| Sirius XM Holdings Inc. | 102% | not disclosed | No | Meridian Compensation Partners, LLC |
| The Interpublic Group of Companies, Inc. | not disclosed | PSU 33 · Performance Cash 33 · RSU 33 | not disclosed | Meridian Compensation Partners, LLC |
| Zillow Group, Inc. | not disclosed | not disclosed | not disclosed | Equilar |
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 | 2025-11-19 | 148,148,007 | 18,724,332 | 98,750 | 88.78% | Passed |
| 2024 | 2024-11-20 | 160,156,084 | 11,707,595 | 39,183 | 93.19% | Passed |
| 2023 | 2023-11-15 | 157,533,916 | 17,023,075 | 29,997 | 90.25% | 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 | 2025-11-19 | 88.78%a |
| 2024 | 2024-11-20 | 93.19%b |
| 2023 | 2023-11-15 | 90.25%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) | 205 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | $96,277 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (43 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, Robert Thomson. DEF 14A, filed 2026-09-23. Section “Summary Compensation Table”. As printed: 19,745,396. View filing ↗
- Section 01, Lavanya Chandrashekar. DEF 14A, filed 2026-09-23. Section “Summary Compensation Table”. As printed: 7,081,635. View filing ↗
- Section 01, David Pitofsky. DEF 14A, filed 2026-09-23. Section “Summary Compensation Table”. As printed: 6,353,193. View filing ↗
- Section 01, Julian Delany. DEF 14A, filed 2026-09-23. Section “Summary Compensation Table”. As printed: 3,441,102. View filing ↗
- Section 01, Ruth Allen. DEF 14A, filed 2026-09-23. Section “Summary Compensation Table”. As printed: 2,998,222. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-09-23. Section “CEO Pay Ratio”. As printed: 205 : 1. View filing ↗
- Section 08, Lachlan K. Murdoch. DEF 14A, filed 2026-09-23. Section “Director Compensation”. As printed: 1,087,552. View filing ↗
- Section 08, Masroor Siddiqui. DEF 14A, filed 2026-09-23. Section “Director Compensation”. As printed: 435,354. View filing ↗
- Section 08, José María Aznar. DEF 14A, filed 2026-09-23. Section “Director Compensation”. As printed: 359,048. View filing ↗
- Section 08, Ana Paula Pessoa. DEF 14A, filed 2026-09-23. Section “Director Compensation”. As printed: 350,018. View filing ↗
- Section 08, Natalie Bancroft. DEF 14A, filed 2026-09-23. Section “Director Compensation”. As printed: 322,696. View filing ↗
- Section 08, Robert J. Thomson. DEF 14A, filed 2026-09-23. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-11-19. Item 5.07 · say-on-pay result. As reported: 88.78% (votes for as printed: 148,148,007). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-11-21. Item 5.07 · say-on-pay result. As reported: 93.19% (votes for as printed: 160,156,084). View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-11-15. Item 5.07 · say-on-pay result. As reported: 90.25% (votes for as printed: 157,533,916). 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 697,500 + equity 1,013,480 + all other 843,688 = 2,554,668, summed across the director compensation table rows.
- Omnicom Group Inc., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Omnicom Group Inc.'s own proxy. As printed: 69,865,846. View filing ↗
- FactSet Research Systems Inc., Section 10b CEO total. DEF 14A, filed 2026-10-26. CEO total compensation as printed in FactSet Research Systems Inc.'s own proxy. As printed: 62,046,674. View filing ↗
- Nexstar Media Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Nexstar Media Group, Inc.'s own proxy. As printed: 39,509,740. View filing ↗
- Liberty Global Ltd., Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in Liberty Global Ltd.'s own proxy. As printed: 37,717,946. View filing ↗
- CoStar Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in CoStar Group, Inc.'s own proxy. As printed: 36,431,936. View filing ↗
- Booking Holdings Inc., Section 10b CEO total. DEF 14A, filed 2026-04-21. CEO total compensation as printed in Booking Holdings Inc.'s own proxy. As printed: 35,418,102. View filing ↗
- Fox Corporation, Section 10b CEO total. DEF 14A, filed 2026-09-17. CEO total compensation as printed in Fox Corporation's own proxy. As printed: 31,019,117. View filing ↗
- NEWS CORP (subject), Section 10b CEO total. DEF 14A, filed 2026-09-23. CEO total compensation as printed in NEWS CORP's own proxy. As printed: 19,745,396. View filing ↗
- Gartner, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-15. CEO total compensation as printed in Gartner, Inc.'s own proxy. As printed: 19,226,580. View filing ↗
- People Incorporated (formerly IAC Inc.), Section 10b CEO total. DEF 14A, filed 2026-06-01. CEO total compensation as printed in People Incorporated (formerly IAC Inc.)'s own proxy. As printed: 17,601,042. View filing ↗
- The Interpublic Group of Companies, Inc., Section 10b CEO total. DEF 14A, filed 2024-04-12. CEO total compensation as printed in The Interpublic Group of Companies, Inc.'s own proxy. As printed: 14,441,360. View filing ↗
- S&P Global Inc., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in S&P Global Inc.'s own proxy. As printed: 12,831,062. View filing ↗
- Sirius XM Holdings Inc., Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Sirius XM Holdings Inc.'s own proxy. As printed: 8,012,795. View filing ↗
- Zillow Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-15. CEO total compensation as printed in Zillow Group, Inc.'s own proxy. As printed: 7,138,557. View filing ↗
- Section 10a, Gartner, Inc. reciprocity. DEF 14A. Gartner, Inc.'s most recent proxy was read; its disclosed peer group does not include NEWS CORP. View filing ↗
- Section 10a, Nexstar Media Group, Inc. reciprocity. DEF 14A. Nexstar Media Group, Inc.'s most recent proxy was read; its disclosed peer group does not include NEWS CORP. View filing ↗
- Section 10a, S&P Global Inc. reciprocity. DEF 14A. S&P Global Inc.'s most recent proxy was read; its disclosed peer group does not include NEWS CORP. View filing ↗
- Section 10a, FactSet Research Systems Inc. reciprocity. DEF 14A. FactSet Research Systems Inc.'s most recent proxy was read; its disclosed peer group does not include NEWS CORP. View filing ↗
- Section 10a, CoStar Group, Inc. reciprocity. DEF 14A. CoStar Group, Inc.'s most recent proxy was read; its disclosed peer group does not include NEWS CORP. View filing ↗
- Section 10a, The Interpublic Group of Companies, Inc. reciprocity. DEF 14A. The Interpublic Group of Companies, Inc.'s most recent proxy was read; its disclosed peer group does not include NEWS CORP. View filing ↗
- Section 10a, Omnicom Group Inc. reciprocity. DEF 14A. Omnicom Group Inc.'s most recent proxy was read; its disclosed peer group does not include NEWS CORP. View filing ↗
- Section 10a, Booking Holdings Inc. reciprocity. DEF 14A. Booking Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include NEWS CORP. View filing ↗
- Section 10a, Zillow Group, Inc. reciprocity. DEF 14A. Zillow Group, Inc.'s most recent proxy was read; its disclosed peer group does not include NEWS CORP. View filing ↗
- Section 10a, Sirius XM Holdings Inc. reciprocity. DEF 14A. Sirius XM Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include NEWS CORP. View filing ↗
- Section 10a, Liberty Global Ltd. reciprocity. DEF 14A. Liberty Global Ltd.'s most recent proxy was read; its disclosed peer group does not include NEWS CORP. View filing ↗
- Section 10a, Fox Corporation reciprocity. DEF 14A. Fox Corporation's most recent proxy was read; its disclosed peer group does not include NEWS CORP. View filing ↗