Eric Levin is the Executive Vice President and Chief Financial Officer of Warner Music Group, a position he has held since 2014. He has a solid academic background with a B.S. in Electrical Engineering from the University of Pennsylvania and...

Eric Levin is the Executive Vice President and Chief Financial Officer of Warner Music Group, a position he has held since 2014. He has a solid academic background with a B.S. in Electrical Engineering from the University of Pennsylvania and an M.B.A. in Finance and Economics from the University of Chicago. Before joining Warner Music, he worked in various financial roles, including CFO at Home Box Office, Inc., and was a financial director at Ecolab in China. Eric has also ventured into entrepreneurship, co-founding a television production company in the early 2000s. His compensation has fluctuated; in 2023, he earned around $4.36 million, including a significant bonus and stock vesting. An interesting point in his career was receiving an $8 million one-time cash bonus linked to Warner Music's IPO in 2020. Eric has led the finance team through various transitions and is recognized for his strategic role in the company's growth. In 2023, he started planning for succession, taking on an advisory role as part of the transition.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Warner Music Group CEOs

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Eric Levin

CEO of Warner Music Group

Education

B.S. in Electrical Engineering from the University of Pennsylvania and M.B.A. in finance and economics from the University of Chicago

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Communication Services

Born

May 1, 1972 - 53 years ago

CEO of Warner Music Group for

10 years 6 months (Oct 2014 - Present)

Previous Experience

CFO of Warner Music Group Corp.

Rivals

Competitors/colleagues of Eric Levin

Holdings

See how much did Eric Levin make over time.

Eric Levin’s holdings in Warner Music Group have seen significant movements. As of 2023, he has around 36,390 Restricted Stock Units (RSUs) valued at approximately $1.14 million, granted in January 2023, which vest over four years, signifying his long-term commitment...

Eric Levin’s holdings in Warner Music Group have seen significant movements. As of 2023, he has around 36,390 Restricted Stock Units (RSUs) valued at approximately $1.14 million, granted in January 2023, which vest over four years, signifying his long-term commitment to the company. His total compensation that year was notable at $4.36 million, reflecting a combination of salary, bonuses, and vested RSUs. Interestingly, his wealth peaked during Warner's IPO in 2020 when he received an extraordinary one-time bonus of $8 million. Over recent years, his earnings fluctuated substantially but highlighted his performance-driven compensation structure, clearly linked to the company's financial success.

Insider Trading

See recent insider trades of Eric Levin.

WMG

36,390 shares

WMG

Jan 4, 2023

Received

WMG

23,685 shares

WMG

Jan 4, 2022

Received

WMG

27,122 shares

WMG

Jan 4, 2021

Received

Compensation History

See how much did Eric Levin make over time.

In 2023, Eric Levin's total compensation at Warner Music Group reached $4.36 million. This figure included a base salary of $1 million, a performance bonus of approximately $1.02 million, and $1.14 million from vested RSUs. His salary and bonuses reflect his value in guiding Warner's financial strategies during pivotal times. In 2022, his total compensation was slightly lower at about $3.1 million, while in 2021, it was close to $3.25 million. Notably, his compensation includes a significant $8 million bonus awarded in 2020 for his role in the company's IPO. This reflects a compensation strategy that ties financial rewards to both individual and company performance. His recent agreements ensure he continues to be a key player in the company’s transition plans.

Year

2023

Total Compensation

$4.17M

Salary

$1.00M

Board Justification

The compensation philosophy is designed to attract and retain qualified executives, tied to annual financial performance and long-term shareholder value creation.

Bonus

$1.02M

Board Justification

Represents the actual fiscal year 2023 annual bonus paid assuming the Company in its good-faith discretion determined to pay that amount.

Other

$1.01M

Board Justification

Includes severance payments of $1,000,000, representing an amount equal to his annual base salary, which will be payable pursuant to his employment agreement and separation agreement following his separation from the Company.

Restricted Stock

$1.14M(36.39K RSU)

Board Justification

Represents the number of RSUs granted on January 4, 2023, which vest on the fourth anniversary of the date of grant, subject to the grantee’s continued employment with the Company.

Performance Metrics

The performance metrics include Adjusted OIBDA and Revenue.

Other Warner Music Group CEOs

Here are other CEOs of Warner Music Group

Stephen F. Cooper

CEO of Warner Music Group

August 2011 - Invalid Date