Ex-Murdoch executive Brooks given 7 million pounds pay-off: FT

LONDON Mon Oct 15, 2012 6:27pm EDT

Former News International chief executive Rebekah Brooks and her husband Charlie leave the Old Bailey court in London September 26, 2012. REUTERS/Neil Hall

Former News International chief executive Rebekah Brooks and her husband Charlie leave the Old Bailey court in London September 26, 2012.

Credit: Reuters/Neil Hall

LONDON (Reuters) - Former newspaper executive Rebekah Brooks received a pay-off totaling more than 7 million pounds ($11.24 million) following her resignation from Rupert Murdoch's British newspaper group last year, the Financial Times said on Tuesday.

Brooks, the woman at the heart of a scandal shaking Rupert Murdoch's media empire and the British government, is awaiting trial next year on multiple charges in relation to phone-hacking by reporters at one of her papers.

The FT cites two people with knowledge of her compensation as saying the pay-off consisted of cash and pension payments as well as an allowance for legal fees and the use of a chauffeur-driven car.

Two of the people cited by the newspaper said the pay-off also included substantial claw-back clauses for her former employer, News International.

These entitle News International, the British arm of News Corporation, to recover some of the payment from Brooks in certain circumstances, according to a third person familiar with the details of her exit package.

A spokeswoman for News International declined to comment and a spokesman for Brooks could not be reached for immediate comment.

($1 = 0.6230 British pounds)

(Reporting by Stephen Mangan; Editing by Jon Hemming)

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Comments (2)
YouGoYo wrote:
“Pay off” is the key phrase in this article! Why these scumbags are not in prison is beyond me. Murdoch et al has ruined countless lives, broken many laws. Fox “news” has been spreading these lies and half truths on behalf of the US republican party, for years. Iraq war for instance, global warming, etc. This man and his corrupt business have done the world and humanity so much damage, it’s almost unbelievable. Their business licenses should be revoked and should never again be allowed to pander their garbage as news!

Oct 15, 2012 9:16pm EDT  --  Report as abuse
imadeadcat wrote:
When Janet Robinson left the New York Times she received a $24 million “pay out”. With Ms. Brooks the term is an $11.24 million “pay off”. Maybe it just depends on who writes the article?

Oct 16, 2012 10:16am EDT  --  Report as abuse
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