Lachlan locked in deal
Former heir hasn't publicly discussed his future plans
More Articles:
Most Viewed:
The Lovely Bones(1686 views)'Burn Notice' gets renewal(1325 views)Swiss OK Polanski move to chalet(887 views)Pearce hops on to 'Hungry Rabbit Jumps'(727 views)'It' is 3D's lost opportunity(690 views)Ninja Assassin(643 views) |
Murdoch ankled News Corp. last Friday. He hasn't publicly discussed his future plans besides moving back to Australia with his wife and young son.
Filing said News Corp. chairman-CEO Rupert Murdoch could receive a bonus of up to $25 million for fiscal 2005 and in future years if the conglom hits certain financial targets.
He received a $12.5 million bonus in fiscal '04.
Lachlan Murdoch could be eligible for a bonus of up to $7 million plus salary. Last year, he earned $1.8 million and received a $2 million bonus.
The performance metrics are linked to growth in earnings per share.
News Corp.'s fiscal year ended June 30. The company plans to release full-year financial results next Wednesday.
