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AI brief of an SEC Form 8-K · Fox Corporation (Class A) (FOXA)

Fox names Nicholas Trutanich General Counsel as Adam Ciongoli steps down

Neutral Impact 3 of 5 leadership

Fox Corporation said Chief Legal and Policy Officer Adam Ciongoli will step down effective December 1, 2026, and will serve as a special advisor for eighteen months under a paid advisory agreement. Nicholas Trutanich, currently Executive Vice President and Deputy General Counsel, will become General Counsel on December 1, 2026, reporting to Executive Chair and CEO Lachlan Murdoch.

Key points

  • Ciongoli's separation terms include a cash payment of $12,595,784 for cancelled equity awards, plus a severance payment equal to one year of base salary and his fiscal 2027 target bonus.
  • Ciongoli's advisory agreement pays an annual fee of $1,750,000, paid in monthly installments of $145,833.33 for the eighteen-month term.
  • Trutanich will receive a base salary of $1,400,000, a target bonus of $1,400,000 and an annual long-term incentive target award of $2,200,000.
  • Kristopher Jones, Executive Vice President and Head of Government Relations, will report to John Nallen, President and Chief Operating Officer, effective December 1.

The filing

CompanyFox Corporation (Class A) (FOXA)
Form8-K, current report
Filed with the SECOct 19, 2026, 7:53 PM ET
Accession number0001628280-26-066365

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.