News Corporation to Pay Joel Klein $2 Million


By Chris O'Shea Comment

When FishbowlNY last checked in with Joel Klein, he was being tagged by Rupert Murdoch to oversee News Corp’s education technology investment. Now that he’s officially a board member and CEO of the company’s education division, we can tell you what he’s getting for his troubles: a base salary of $2 million, along with a $1 million signing bonus.

He’s also getting something called a “car allowance” of $1,200 per month. That’s an awful lot of Hot Wheels.