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Fox News CEO Roger Ailes inks extension

Chairman's four-year pact also covers Fox Television Stations

Roger Ailes has inked a new four-year contract to continue on as chairman-CEO of Fox News and chairman of Fox Television Stations.

Ailes will continue to oversee Fox News, the stations, Fox Business Network, Twentieth Television and MyNetwork TV.

He’ll continue in his role as senior advisor to chairman-CEO Rupert Murdoch on television matters.

Ailes joined News Corp. in 1996 to launch Fox News.

Details of the contract weren’t released. Ailes earned $21 million last year including salary, bonus and stock awards.

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