Live Nation Entertainment CEO Michael Rapino's 2018 pay falls 84% to $12M
Live Nation Entertainment reports 2018 executive compensation
By ExecPay News
Published: April 19, 2019
Live Nation Entertainment reported fiscal year 2018 executive compensation information on April 19, 2019.
In 2018, five executives at Live Nation Entertainment received on average a compensation package of $4.2M, a 81% decrease compared to previous year.
Michael Rapino, Chief Executive Officer, received $12M in total, which decreased by 84% compared to 2017. 72% of Rapino's compensation, or $8.4M, was in non-equity incentive plan. Rapino also received $3M in salary and $192K in other compensation.
For fiscal year 2018, the median employee pay was $14,645 at Live Nation Entertainment. Therefore, the ratio of Michael Rapino's pay to the median employee pay was 792 to one.
Joe Berchtold, President, received a compensation package of $4M, which decreased by 86% compared to previous year. 65% of the compensation package, or $2.6M, was in non-equity incentive plan.
Kathy Willard, Chief Financial Officer, earned $2.9M in 2018, a 47% decrease compared to previous year.
Michael Rowles, General Counsel, received $2M in 2018, which decreases by 40% compared to 2017.
Brian Capo, Chief Accounting Officer, earned $582K in 2018, a 7% increase compared to previous year.