Chase Carey Could Earn $43 Million In First Year As Murdoch's #2

Los Angeles Times:

News Corp. certainly made it worthwhile for Chase Carey to return to the company. Documents filed with the Securities and Exchange Commission reveal that Carey, who as of Tuesday rejoined Rupert Murdoch's News Corp. as deputy chairman, president and chief operating officer, received a signing bonus of $10 million and will earn a base salary of $8.1 million. Carey's five-year contract also includes bonuses that could earn him as much as an additional $25 million annually

Read the whole story: Los Angeles Times

Comments

[chronic]

Totally rediculous

[jalowe1957]

The salary and bonuses alone could alone cover unemployment benefits for thousands on laid-off employees.

And if you thought executive pay and bonuses were obscene enough...

[vidian6]

What exactly does he do that's worth 8.1 million dollars a year. This is the problem with our society.

[nogimmicks]

How will he solve the problem of borscht dripping from his mustache on the pages of the New York Post?

[enoughalready13]

No one is worth that money ... not even the POTUS.

Hopefully, somewhere within that salary, he can find funds for a stash-trimmer.

[mjeffn]

He is the kind of putz that tries to attract ladies with an offer of a free mustache ride.

[Whitley2009]

No, no, that's me. But, listen, now I know why I could never jump from $100K to $43 million a year. I didn't have those darn little thingies on the end of my mustache.

[RevBookburn]

Job Desription: Help Murdoch run a tabloid-esque propaganda empire. Spice it up with deranged personalities. Steal more ingredients from wrestling entertainment, and push for a far-right coup.

[MissPreciousPerfect]

That mustache reminds me that I must have the maid empty my litterbox.

[StoicRep]

How do the video media do it? They are totally complaisant in our economic plight,haven't you noticed? They get paid regardless. The advertisers advertise, they pay for commericials and it is a bit like the stock market. Will it pay off? They do not even seem to notice that they are paying these large sums for diminishing returns as Americans lose their ability or desire to spend their money. Still the companies pay top dollar for their advertising, regardless.

[DestinationsUnknown]

all those fox viewers like el sugundo

8 years of 'no child left behind' - the USA -does not even rank within the top 25 for education in the world.

[AustinFrank]

Wow, even Rupert Murdoch's poo earns millions.

[jsgaetano]

Fox News- the far right's favorite foreign-owned media outlet!

And who says other countries don't tell Americans what to believe?

[BlueFloyd]

as KO says: FOX NEWS: a brand name, just like VIRGIN brand Condoms!

[DestinationsUnknown]

all those fox viewers like el sugundo

8 years of 'no child left behind' - the USA -does not even rank within the top 25 for education in the world.

[polarcap2]

look what he had to work with

[dadumdee]

Is that Hatchet Harry Lonsdale from Lock, Stock, and Two Smoking Barrels?