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    Michael Rapino

    President and CEO at Live Nation Entertainment Inc
    Board
    Since August 2005
    Age
    59 years
    Tenure
    Has worked for Live Nation Entertainment or its predecessors since 1999, serving on the board of directors since December 2005 and as President and CEO since August 2005.
    Other Roles
    Director at Sirius XM Holdings Inc.

    Also at Live Nation Entertainment Inc

    AF
    Arthur Fogel
    Chairman of Global Music and President of Global Touring
    BR
    Bob Roux
    President of U.S. Concerts
    BC
    Brian Capo
    Senior Vice President and Chief Accounting Officer

    About

    At 59 years old , the executive has made a significant impact in the live entertainment industry. Although details about the educational background are not provided, his reputation for strategic vision and leadership has been widely acknowledged.

    He began his journey with the company in 1999 and advanced rapidly through the ranks. He assumed the role of President and CEO in August 2005 and later joined the board of directors in December 2005 , demonstrating a strong commitment to the company's growth and governance.

    Throughout his tenure, his leadership has steered the organization through various global challenges while driving transformative growth. His role in shaping the company's strategy, coupled with notable employment agreements, reflects a deep involvement in setting financial and operational benchmarks.

    Moreover, his influence extends beyond Live Nation, as evidenced by his board membership at Sirius XM Holdings Inc. since 2018, highlighting a broader impact on the entertainment and media sectors.

    $LYV Performance Under Michael Rapino

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$3,000,000 AnnualFixed base salary per employment agreement
    Medical Benefits$180,000 Upon termination without cause or resignation with good reasonCalculated as $5,000 per month for up to 36 months
    Signing Bonus$6,000,000 One-time (received in July 2022)Granted as part of the Rapino 2022 Agreement; no additional signing bonus for 2023

    Performance Compensation

    Data from  FY 2023

    Annual Cash Performance Bonus

    Metric [Details]ValueAdditional Details
    Performance MetricAdjusted Operating Income (AOI)
    Target AOI$1,510 million
    Threshold Bonus at 90% AOI$15.3 million
    Target Bonus at 100% AOI$17.0 million
    Maximum Bonus at 110% AOI$18.7 million Achieved due to 120% of target on a pro-forma, constant-currency basis in 2023
    Evaluation Period2023Bonus determined and awarded in February 2024

    Performance-Based Equity Awards

    Metric [Details]ValueAdditional Details
    Performance MetricQualitative Goals Targets include diversity, leadership development, and regulatory affairs
    Target Award Value$10 million
    Actual Goal Achievement96% Determined by the Compensation Committee
    Award Issued103,941 shares Restricted common stock valued at $9,600,000
    Vesting Schedule50% at issuance, 50% on first anniversary
    Grant DateFebruary 28, 2024
    Grant Date Fair Value$9,600,000 Based on the average closing price for the ten trading days preceding issuance