David B. Pitofsky net worth and biography

David Pitofsky Biography and Net Worth

General Counsel of News
David B. Pitofsky is General Counsel of the Company. Mr. Pitofsky served as a Deputy General Counsel for the Company from April 2013 until February 2015 and as the Company’s Deputy Chief Compliance Officer from June 2013 until February 2015. Mr. Pitofsky was previously a partner at Goodwin Procter LLP, a law firm, from 2005 to March 2013. From 1996 to 2005, Mr. Pitofsky was an Assistant U.S. Attorney in the Eastern District of New York, rising to the level of Deputy Chief of the Criminal Division.

What is David B. Pitofsky's net worth?

The estimated net worth of David B. Pitofsky is at least $1.71 million as of August 15th, 2022. Mr. Pitofsky owns 87,706 shares of News stock worth more than $1,705,882 as of December 1st. This net worth evaluation does not reflect any other investments that Mr. Pitofsky may own. Additionally, Mr. Pitofsky receives an annual salary of $3,000,000.00 as General Counsel at News. Learn More about David B. Pitofsky's net worth.

How old is David B. Pitofsky?

Mr. Pitofsky is currently 57 years old. There are 5 older executives and no younger executives at News. The oldest executive at News is Mr. Keith Rupert Murdoch AC, Exec. Chairman, who is 91 years old. Learn More on David B. Pitofsky's age.

What is David B. Pitofsky's salary?

As the General Counsel of News Co., Mr. Pitofsky earned a total compensation package of $4,693,637.00 in 2021. Mr. Pitofsky earned a salary of $1,100,000.00, stock awards of $1,692,062.00, non-equity compensation of $1,800,000.00, and other compensation of $101,575.00.There are 3 executives that earn more than Mr. Pitofsky. The highest earning executive at News is Mr. Robert J. Thomson, CEO & Director, who commands a salary of $13,390,000.00 per year. Learn More on David B. Pitofsky's salary.

How do I contact David B. Pitofsky?

The corporate mailing address for Mr. Pitofsky and other News executives is 1211 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. News can also be reached via phone at (212) 416-3400 and via email at [email protected] Learn More on David B. Pitofsky's contact information.

Has David B. Pitofsky been buying or selling shares of News?

David B. Pitofsky has not been actively trading shares of News over the course of the past ninety days. Most recently, David B. Pitofsky sold 82,028 shares of the business's stock in a transaction on Monday, August 15th. The shares were sold at an average price of $18.73, for a transaction totalling $1,536,384.44. Following the completion of the sale, the general counsel now directly owns 87,706 shares of the company's stock, valued at $1,642,733.38. Learn More on David B. Pitofsky's trading history.

Who are News' active insiders?

News' insider roster includes Keith Murdoch (Chairman), David Pitofsky (General Counsel), and Robert Thomson (CEO). Learn More on News' active insiders.

Are insiders buying or selling shares of News?

In the last year, insiders at the sold shares 2 times. They sold a total of 1,082,028 shares worth more than $23,326,384.44. The most recent insider tranaction occured on August, 15th when General Counsel David B Pitofsky sold 82,028 shares worth more than $1,536,384.44. Insiders at News own 13.7 % of the company. Learn More about insider trades at News.

Information on this page was last updated on 8/15/2022.

David B. Pitofsky Insider Trading History at News

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/15/2022Sell82,028$18.73$1,536,384.4487,706View SEC Filing Icon  
2/9/2021Sell16,000$21.82$349,120.00
6/5/2020Sell11,433$13.26$151,601.5822,866View SEC Filing Icon  
8/15/2019Sell30,919$13.83$427,609.77100,395View SEC Filing Icon  
See Full Table

David B. Pitofsky Buying and Selling Activity at News

This chart shows David B Pitofsky's buying and selling at News by year and by quarter.

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News Company Overview

News logo
News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, and OPIS through various media channels, such as newspapers, newswires, websites, mobile apps, newsletters, magazines, proprietary databases, live journalism, video, and podcasts. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; provides sports, entertainment, and news services to pay-TV and streaming subscribers, and other commercial licensees through cable, satellite, and internet distribution; and broadcasts rights to live sporting events. Further, it offers property and property-related advertising and services on its websites and mobile applications; online real estate services; and financial services. The company was founded in 2012 and is headquartered in New York, New York.
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Today's Range

Now: $19.47
Low: $19.37
High: $19.67

50 Day Range

MA: $17.00
Low: $15.27
High: $19.45

2 Week Range

Now: $19.47
Low: $15.15
High: $24.16

Volume

16,712 shs

Average Volume

1,159,800 shs

Market Capitalization

$11.21 billion

P/E Ratio

24.34

Dividend Yield

1.06%

Beta

1.32