Murdoch's paycheck grows to $32.1 million in 2007

The News Corp. CEO's base salary was raised to match that of Peter Chernin, the company's chief operating officer.

September 7 2007: 4:56 PM EDT

NEW YORK (CNNMoney.com) -- Rupert Murdoch, chairman and CEO of News Corp., received $32.1 million in compensation for the fiscal year ending June 30, according to a filing with the Securities and Exchange Commission.

This amount includes a stock award of $1 million and a "theoretical" $6.9 million representing a change in pension value calculated according to SEC requirements, according to a document filed Thursday.

In the fiscal year ending June 2006, Murdoch earned $25.9 million.

The media mogul's base pay nearly doubled in the 2007 fiscal year, to $8.1 million from $4.5 million.

That raise, granted by the News Corp. (Charts, Fortune 500) board's compensation committee, was approved to make Murdoch's base salary for fiscal 2007 equal to that of Chief Operating Officer Peter Chernin. Top of page

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.
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