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Murdoch's pay falls to $27.5 million in 2008

Wed Aug 20, 2008 4:19am EDT
Chairman and CEO of News Corp Rupert Murdoch speaks during a news conference in Mumbai August 4, 2008. REUTERS/Punit Paranjpe

(Reuters) - News Corp NWSa.N Chief Executive Rupert Murdoch's total compensation for 2008 fell 14 percent to about $27.5 million, the company said in a regulatory filing.

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In a filing with the U.S. Securities and Exchange Commission on Tuesday, News Corp said Murdoch's base salary was $8.1 million in the fiscal year, and he was allocated $17.5 million in non-equity incentive plan compensation.

News Corp President Peter Chernin's total 2008 compensation was $28.8 million, compared with about $34 million a year ago.

(Reporting by Ajay Kamalakaran in Bangalore; Editing by Louise Ireland)
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