Live Nation Entertainment CEO Michael Rapino's 2019 pay jumps 26% to $15M
Live Nation Entertainment reports 2019 executive compensation
By ExecPay News
Published: April 23, 2020
Live Nation Entertainment reported fiscal year 2019 executive compensation information on April 23, 2020.
In 2019, five executives at Live Nation Entertainment received on average a compensation package of $4.8M, a 15% increase compared to previous year.
Michael Rapino, Chief Executive Officer, received $15M in total, which increased by 26% compared to 2018. 78% of Rapino's compensation, or $11M, was in non-equity incentive plan. Rapino also received $3M in salary and $163K in other compensation.
For fiscal year 2019, the median employee pay was $18,333 at Live Nation Entertainment. Therefore, the ratio of Michael Rapino's pay to the median employee pay was 794 to one.
Joe Berchtold, President, received a compensation package of $4M, which is about the same as 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 2019, a 1% increase compared to previous year.
Michael Rowles, General Counsel, received $2.1M in 2019, which increases by 1% compared to 2018.
Brian Capo, Chief Accounting Officer, earned $617K in 2019, a 6% increase compared to previous year.