Twenty-First Century Fox 2002 Annual Report Download - page 51

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Directors and Senior Executives’ Remuneration
Non-executive Directors
Fees paid to Non-executive Directors on the Board take into consideration the level of fees paid to Board members of other
multinational corporations, the size and complexity of the Company’s operations and the responsibilities and workload requirements
of Board members.
Because the focus of the Board is on the long-term direction of the Company, there is no direct link between Non-executive Director
remuneration and the short-term results of the Company.
Executive Directors
The broad remuneration policy is to ensure each compensation package properly reflects the relevant person’s duties and
responsibilities and that remuneration is competitive in attracting, retaining and motivating people of the highest quality. As the
Company operates in a highly competitive environment and continually seeks to improve value for shareholders, it is imperative
that remuneration levels are set to be among the leaders of major multinational corporations, in the appropriate markets.
Directors’ fees are not paid to Executive Directors since the responsibilities of Board membership are considered in determining
remuneration provided as part of the normal employment conditions.
50
Directors’ Report (Continued)
FOR THE YEAR ENDED 30 JUNE, 2002
THE NEWS CORPORATION LIMITED
Annual Report 2002