Saturday, October 16, 2021

REPORT: EX-NEWS CORP EXEC RECEIVED $11M SEVERANCE

October 16, 2012 by · Leave a Comment 

Rebekah Brooks, who was forced to resign as chief executive of News International, the umbrella group for News Corp’s British newspaper business, following the telephone hacking scandal, received more than $11 million upon her departure, the London Financial Times reported today (Tuesday), citing two people with knowledge of her compensation. The figure is far higher than the $2.75 million that was originally reported, and is certain to stir up additional anger among dissident News Corp shareholders who are meeting today in Los Angeles. Brooks has been charged with conspiracy to intercept voicemail messages while she was editor of the now-defunct News of the World and has separately been charged with conspiracy to pervert the course of justice by allegedly attempting t cover up the telephone hacking. For many years she was regarded as Rupert Murdoch’s protégé. Last year reporters spotted Murdoch leaving his London residence arm-in-arm with Brooks and asked him what his chief priority was in sorting out the scandal. “This one,” he replied, referring to Brooks.