BSkyB coy on James Murdoch's pay

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Old 27-04-2004   #1
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BSkyB coy on James Murdoch's pay

With executive pay schemes under unprecedented scrutiny in Britain, satellite broadcaster BSkyB won't say whether Chief Executive James Murdoch is getting paid at all, reports Reuters.

Murdoch, the 31-year-old son of BSkyB Chairman Rupert Murdoch, started work without a contract when he took the reins of Britain's dominant pay-TV company from Tony Ball more than five months ago. His appointment was controversial, given the family connection, and the company's reluctance to discuss his compensation has irritated investors further.

A BSkyB spokesman said: "Discussions are continuing between James Murdoch and the remuneration committee. BSkyB will make all required disclosures in due course."
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