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, six executives at Warner Music Group Corp. received on average a compensation package of $7.8M, a 96% 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.
Carianne Marshall, Chief Operating Officer, received $3.1M in 2020, which increases by 28% compared to 2019.
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
Carianne Marshall
Warner Music Group Corp.
Chief Operating Officer
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Source: SEC filing on January 19, 2021.