SAM CHISHOLM RECEIVES REMUNERATION PACKAGE FROM NEWS CORP
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Your support makes all the difference.Sam Chisholm, chief executive of BSkyB, has received "substantial amounts of remuneration" from Rupert Murdoch's News Corp, a principal BSkyB shareholder, in addition to his pay package of pounds 4.7m.
In his service agreement, Mr Chisholm, a News Corp director, "has agreed that if, at any time during his employment, he becomes aware of any ideas or proposals that could be exploited by [BSkyB], he shall ensure that any such idea or proposal is first offered to the Group."
This information came to light in documents filed with the Securities Exchange Commission in the US. They also reveal that David Chance, deputy managing director, received pounds 823,000 in the year to 30 June, while finance director Richard Brooke was paid pounds 584,000. None of the three have taken up options under two additional share incentive schemes.
The company said the payments reflected the board's performance-related policy and the high values generated for shareholders.
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