In 2010, Edgar Bronfman, Jr. earned $5.00M in total compensation at Warner Music Group, including $1.00M salary and $4.00M bonus. Most recently sold 134,620 shares in Jun 2011. Currently holds stock worth $1.51M. Led Warner Music Group as CEO for 5 years.
Compensation History
Annual executive compensation data for Edgar Bronfman, Jr., including salary, bonuses, and stock awards.
Year
2010
Total Compensation
$5.00M
Salary
$1.00M
Bonus
$4.00M
Other
$0.00
Salary
$1.00MBoard Justification
The compensation philosophy is designed to align executive compensation with individual contributions and company performance, ensuring competitive compensation to attract and retain top talent in the media and entertainment industry.
Bonus
$4.00MBoard Justification
The bonus for fiscal 2010 was determined based on the company's performance metrics, with Mr. Bronfman receiving approximately 133% of his target bonus due to his significant contributions to the company's strategic objectives and overall performance.
Other Compensation
$0.00Board Justification
No other compensation was reported for fiscal 2010.
Restricted Stock
Board Justification
No stock was vested in fiscal 2010 as the performance vesting criteria for the restricted shares were not achieved.
Performance Metrics
The performance metrics for determining bonuses included budgeted amounts of net revenue and operating income before depreciation and amortization (OIBDA), with achievement of net revenue weighted 25% and OIBDA weighted 75%.
Edgar Bronfman, Jr.
Ex-CEO of Warner Music Group
Education
B.A. from Stanford University
Field of Expertise
Other - Music
Sector of Economy
Communication Services
Born
June 15, 1963 - 62 years ago
CEO of Warner Music Group for
5 years 1 month (Jul 2006 - Aug 2011)
Previous Experience
CEO of Warner Music Group Corp.
Other Warner Music Group CEOs
Holdings
Track Edgar Bronfman, Jr.'s stock holdings and portfolio value over time.
Insider Trading
Edgar Bronfman, Jr.'s recent stock transactions, purchases, and sales filed with the SEC.
Rivals
Compare Edgar Bronfman, Jr. with competitor CEOs and industry peers.