Rebekah Brooks Got a Sweet $11 Million Severance Package

Reuters
Rebecca Greenfield 2,294 Views Oct 17, 2012

Rebekah Brooks, the former CEO of News Corp.'s UK newspaper division and who is now charged in the News of the World phone hacking scandal, got an $11 million dollar severance package upon her departure, according to anonymous sources speaking with The New York Times's John F. Burns. The source confirms a figure reported in Tuesday's Financial Times, which put the pay-out at $11.2 million. That multi-million dollar deal included "reimbursement of her legal fees and the use of a car and chauffeur as well as salary and pension payouts," writes Burns. Though not all of that comes in the form of straight-up cash, reports last year also citing anonymous sources said that Brooks got around $2.7 million in salary alone.

There is one unfortunate caveat for Brooks, however. If she is found guilty of a criminal offense related to her employment—like those phone hacking charges—she would have to pay back a "substantial" amount, in the words of sources talking with the Financial Times's Robert Budden and Salamander Davoudi.

 

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