Warner Music Group Corp. CEO Stephen Cooper's 2020 pay jumps 58% to $16M
Warner Music Group Corp. reports 2020 executive compensation
By ExecPay News
Published: January 19, 2021
Warner Music Group Corp. reported fiscal year 2020 executive compensation information on January 19, 2021.
In 2020, five executives at Warner Music Group Corp. received on average a compensation package of $8.7M, a 104% increase compared to previous year.
Stephen Cooper, Chief Executive Officer, received $16M in total, which increased by 58% compared to 2019. 51% of Cooper's compensation, or $8.2M, was in non-equity incentive plan. Cooper also received $1M in salary and $6.7M in other compensation.
For fiscal year 2020, the median employee pay was $56,100 at Warner Music Group Corp.. Therefore, the ratio of Stephen Cooper's pay to the median employee pay was 285 to one.
Eric Levin, Chief Financial Officer, received a compensation package of $9.8M, which increased by 415% compared to previous year. 91% of the compensation package, or $8.9M, was in bonus.
Max Lousada, Chief Executive Officer, earned $8.7M in 2020, a 55% increase compared to previous year.
Paul M. Robinson, General Counsel, received $5.3M in 2020, which increases by 201% compared to 2019.
Guy Moot, Chief Executive Officer, earned $4M in 2020, a 94% increase compared to previous year.
Warner Music Group Corp.'s fiscal year ends on September 30.