WSJ Managing Editor Left with $6.4 Million

Payouts

Updated Apr. 25, 2017 10:53AM EDT / Published Feb. 02, 2010 10:58AM EST

Marcus W. Brauchli was given $6.4 million when he was asked by News Corp. to leave his job as managing editor of The Wall Street Journal, according to a new book, War at the Wall Street Journal by Sarah Ellison, a former media reporter at the paper. When News Corp.—headed by media titan Rupert Murdoch—took over the newspaper, it signed an editorial independence agreement many feared was meaningless. Those fears seemed warranted when Brauchli resigned with a payout just months after the deal in April 2007.

Read it at Politico

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WSJ Managing Editor Left with $6.4 Million