Statement from James Murdoch, Deputy Chief Operating Officer and Chairman and CEO, International New

[dipsydoodle]

Source: Business Wire

LONDON--(BUSINESS WIRE)--In light of the current controversy surrounding News of the World, I have declined the bonus that the company chose to award to me. While the financial and operating performance metrics on which the bonus decision was based are not associated with this matter, I feel that declining the bonus is the right thing to do. I will consult with the Compensation Committee in the future about whether any bonus may be appropriate at a later date

Read more: http://www.businesswire.com/news/home/20110902005711/en/Statement-James-Murdoch-Deputy-Chief-Operating-Officer

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Only just breaking on BBC News. Bonus was £3.7 million.

[Name removed]

1. Deleted message

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[InkAddict]

2. Has he never heard of SEPPUKU

Why he can make that up w/a little manipulation of that "free" and surveilled market tomorrow.

White-feathered SH98thead!

That goes for Junior too.

[apnu]

3. To a guy like Rupert. 3.7 mil., even if in pounds, is chump change. (nt)

[dropkickpa]

4. They (meaning me) are giving me a bonus

I will "decline" the money I was going to give to myself, and people won't notice what a colossal douchehat I am! Look, a shiny!

[beac]

5. My guess? He's got a back-door deal for that money to be spent

by the company on his behalf for a REALLY good lawyer.

[dipsydoodle]

6. His father, News Corp boss Rupert, received a $12.5m (£7.7) bonus

News International boss James Murdoch has declined a $6m (£3.7m) bonus, citing the "current controversy" over phone hacking at the News of the World.

His father, News Corp boss Rupert, received a $12.5m (£7.7) bonus. His total remuneration for the year to 30 June was $33.3m (£20.5m), up 47%.

James Murdoch saw his pay packet rise 74% to $17m, but said declining the bonus was the "right thing to do".

http://www.bbc.co.uk/news/business-14770818