Rupert Murdoch to forgo his News Corp annual cash bonus

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News Corp. CEO Robert Thomson will also forgo 75% of his annual cash bonus. YahooFinance

- News Corp Executive Chairman Rupert Murdoch will forgo his cash bonus for the current fiscal year due to the impact of COVID-19 pandemic on business, the company said on Thursday.

Murdoch, who is also the chairman of Fox Corp , last month agreed to forgo his Fox salary through Sept. 30, in response to the coronavirus crisis.

 

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