“Christmas came early Tuesday for Fox News topper Roger Ailes, who received a massive pay package for his expanded domain at News Corp.,” Variety’s Michael Learmonth reports.
“Ailes, 65, reupped to the tune of $6 million per year for the next five years, but he may earn as much as double that if certain earnings targets are met, according to a filing with the Securities and Exchange Commission. He will also receive a one-time grant of 333,333 shares of News Corp. stock, which vest in five annual installments.” More…
> FT: The “$25m contract” includes “an annual bonus of at least $1m…”
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