Form 8-K · Current report
Fox Corporation 8-K, filed Oct 20, 2026
- Filed
- CIK
- 0001754301
- Accession no.
- 0001628280-26-066365
Summary
Fox Corporation announced that Adam Ciongoli will step down as Chief Legal and Policy Officer effective December 1, 2026, and transition to a special advisory role for eighteen months, with Nicholas Trutanich, currently Executive Vice President and Principal Deputy General Counsel, becoming General Counsel on the same date. Kristopher Jones, Executive Vice President and Head of Government Relations, will report directly to President and Chief Operating Officer John Nallen effective December 1.
Key points
- Ciongoli will receive a separation payment of one year of base salary plus his fiscal 2027 target bonus, company-paid COBRA coverage, and a $12,595,784 cash payment in exchange for cancellation of his outstanding equity awards, with vested stock options exercisable for three years after separation.
- Under the advisory agreement, Ciongoli will be paid an annual consulting fee of $1,750,000 over the eighteen-month term.
- Trutanich will receive a base salary of $1,400,000, a target bonus of $1,400,000, and an annual target long-term incentive award of $2,200,000.
- Executive Chair and CEO Lachlan Murdoch said Trutanich has been a critical member of the FOX team and will bring deep legal, litigation and compliance experience to the expanded role.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
- 9.01Financial Statements and Exhibits
From the filing
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Departure of Adam Ciongoli On October 19, 2026, Fox Corporation (the “Company”) announced that Adam Ciongoli will step down as Chief Legal and Policy Officer of the Company effective December 1, 2026. Concurrent with this change, Mr. Ciongoli will transition to serve as a special advisor to the Company pursuant to an Advisory Services Agreement (described below) for a period of eighteen months, commencing December 1, 2026. In connection with Mr. Ciongoli’s departure, the Company and Mr. …
An excerpt of the text as filed with the SEC, cut for length.
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