Britain’s leading pay-TV group, BSkyB, reported increased revenues this summer for the year ended June 30 and a record jump in operating profit to £1.22B ($1.98B). Directors at the News Corp.-controlled company also saw increased payouts for the year. The BSkyB annual review, mailed to shareholders yesterday, reveals that chief exec Jeremy Darroch received about £7.3M ($11.85M) in total remuneration and share awards including a maximum bonus of £1.87M ($3M). His total package this year reps a 7% jump on salary, bonus, pension and benefits for the previous period. His base salary rose to £935K ($1.5M) from £888K. James Murdoch, who stepped down as chairman of BSkyB in April but remains a non-executive director, made £1.045M ($1.7M) annually when he was chief exec of the company for four years until Dec. 2007, according to The Guardian. He was paid a salary of £89,417 ($145,160) this year. Nicholas Ferguson, who took over as chairman when Murdoch left, got a nearly 50% bump bringing his salary to £230,657 ($374.450).
By NANCY TARTAGLIONE, International Editor | Tuesday, 25 September 2012 10:07 UKTags: BSkyB, James Murdoch, News Corp
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This article was printed from http://www.deadline.com/2012/09/bskyb-chief-exec-jeremy-darroch-nets-7m-pay-package-james-murdoch-gets-90k/
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