Menu
Home
Forums
New posts
Search forums
What's new
Featured content
New posts
New media
New media comments
New resources
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Misc
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Labrish
Nyuuz
Warner bets big on Kyncl, CEO lands $15M stock-loaded deal
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Munyaradzi Mafaro, post: 74623, member: 636"] Warner Music Group's CEO, Robert Kyncl, just locked in a new compensation package that's basically a bet on the stock price going up. The deal drops him $10 million in stock options split three ways, but he only cashes out if shares hit certain benchmarks within three years. He also gets a fresh $5 million yearly performance grant kicking off next year. Kyncl has been running the show for almost three years, and Warner's revenue climbed from $5.92 billion to $6.71 billion under his watch. The company's been doing a massive $300 million restructure while landing some major AI partnerships and shuffling leadership around. He bragged about gaining market share in the States and globally on Spotify's charts, plus gave shoutouts to Warner Chappell, Atlantic, and Warner Records for crushing it lately. [/QUOTE]
Insert quotes…
Name
Post reply
Home
Forums
Labrish
Nyuuz
Warner bets big on Kyncl, CEO lands $15M stock-loaded deal
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top