Chase Carey Extends Contract With Fox

Chase Carey 21st Century Fox
Jeff Schear/WireImage

Chase Carey, president and chief operating officer of 21st Century Fox Inc., has extended his contract for another two years, the company confirmed to Variety.

The company submitted a securities filing on Monday that first revealed the extension, which runs through June 30, 2016. Carey does have the option to leave as early as the end of 2015, according to the document, as long as he gives six months’ notice. He has held the position since July 2009.

Throughout the duration of his new contract, his compensation will remain flat. In fiscal 2013, Carey made a total of $27 million, with stock awards of roughly $13 million and a salary of approximately $4 million.

During Fox’s earnings call last month, Carey did allude to the extension, saying, “Rupert and I have a new agreement…and a clear understanding of where we are going.”

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Biz News from Variety