Warner Music Group Corp. CEO Stephen Cooper's 2021 pay falls 33% to $11M
Warner Music Group Corp. reports 2021 executive compensation
By ExecPay News
Published: January 19, 2022
Warner Music Group Corp. reported fiscal year 2021 executive compensation information on January 19, 2022.
In 2021, five executives at Warner Music Group Corp. received on average a compensation package of $6.4M, a 18% decrease compared to previous year.
Average pay of disclosed executives at Warner Music Group Corp.
Stephen Cooper, Chief Executive Officer, received $11M in total, which decreased by 33% compared to 2020. 62% of Cooper's compensation, or $6.6M, was in stock awards. Cooper also received $3M in salary and $1.1M in other compensation.
For fiscal year 2021, the median employee pay was $59,800 at Warner Music Group Corp.. Therefore, the ratio of Stephen Cooper's pay to the median employee pay was 180 to one.
Max Lousada, Chief Executive Officer, received a compensation package of $10M, which increased by 17% compared to previous year. 54% of the compensation package, or $5.5M, was in salary.
Guy Moot, Chief Executive Officer, earned $4.2M in 2021, a 5% increase compared to previous year.
Carianne Marshall, Chief Operating Officer, received $3.7M in 2021, which increases by 19% compared to 2020.
Eric Levin, Chief Financial Officer, earned $3.2M in 2021, a 67% decrease 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
Carianne Marshall
Warner Music Group Corp.
Chief Operating Officer
Guy Moot
Warner Music Group Corp.
Chief Executive Officer
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Source: SEC filing on January 19, 2022.