Rebekah Brooks severance deal worth 'around £7m'

Source: Guardian

Rebekah Brooks received a payoff worth about £7m after resigning as chief executive of News International at the height of the Milly Dowler phone-hacking crisis in July 2011.

The exact figure has never been disclosed by the Murdoch company – whose parent News Corporation holds its annual meeting on Tuesday – but one source said they believed it was between £6m and £8m.

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The payoff package, far in excess of the £1.7m that was speculated about after her departure, comprised cash payments for loss of service, pension enhancement, money for legal costs, a car and an office.

News International declined to comment on the sum involved, but company insiders stressed there were "clawback" arrangements, which mean Brooks would have to pay some of the money back in certain circumstances.

Read more: http://www.guardian.co.uk/uk/2012/oct/16/rebekah-brooks-severance-deal-7m