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.
Average pay of disclosed executives at Warner Music Group Corp.
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.

Related executives

Stephen Cooper

Warner Music Group Corp.

Chief Executive Officer

Eric Levin

Warner Music Group Corp.

Chief Financial Officer

Max Lousada

Warner Music Group Corp.

Chief Executive Officer

Guy Moot

Warner Music Group Corp.

Chief Executive Officer

Paul Robinson

Warner Music Group Corp.

General Counsel

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Source: SEC filing on January 19, 2021.