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Fox CEO offers staff shares


Executive Grapevine | Executive Grapevine International Ltd

Fox CEO offers staff shares

Following the confirmation of a massive merger between Disney and many of Fox’s key assets, new standalone company Fox Corp’s CEO Lachlan Murdock confirmed in a town hall meeting on Thursday that all employees will receive stock as standard.

The amount of stock that employees will receive will depend on their history with the brand and their longevity as a member of the company. Employees with 10 years or less under the employment of Fox will receive an average of $1,000 in stock, whilst those who have been with the company between 10 and 20 years will receive upwards of $3,000.

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