In 2023, Stephen F. Cooper earned $16.54M in total compensation at Warner Music Group, including $3.00M salary, $7.14M bonus and $6.40M in stock. Most recently acquired 418,818 shares in Jan 2023. Currently holds stock worth $200.44M. Has donated $1.42M in stock to charitable causes. Has led Warner Music Group for over 14 years.
Compensation History
Annual executive compensation data for Stephen F. Cooper, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$16.54M
Salary
$3.00M
Bonus
$7.14M
Other
$0.00
Salary
$3.00MBoard Justification
The compensation program is designed to align the interests of executive officers with those of stockholders, with a significant portion of compensation being variable and tied to performance objectives.
Bonus
$7.14MBoard Justification
The bonus for fiscal year 2023 was payable in the form of 234,498 fully-vested shares of Class A Common Stock, based on the average daily closing price of the stock for the fiscal year.
Other Compensation
$0.00Board Justification
No additional compensation or benefits were reported for Mr. Cooper in fiscal year 2023.
Restricted Stock
Board Justification
The RSUs granted on January 4, 2023, vesting on the fourth anniversary of the grant date, subject to continued compliance with non-competition and non-solicitation provisions.
Performance Metrics
The performance metrics for determining compensation include Adjusted OIBDA and revenue.
Stephen F. Cooper
CEO of Warner Music Group
Education
B.A. from Occidental College and M.B.A. from the University of Pennsylvania Wharton School of Business
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Communication Services
Born
January 1, 1957 - 68 years ago
CEO of Warner Music Group for
14 years 3 months (Aug 2011 - Present)
Previous Experience
Chairman of the Board of Warner Music Group Corp., Vice Chairman of Metro-Goldwyn-Mayer, Inc.
Holdings
Track Stephen F. Cooper's stock holdings and portfolio value over time.
Total Stock Sold
$17.83M
$17.83M
557,000 WMG shares
What if they kept their stock?
If Stephen F. Cooper didn't sell their stock, today they would have:
Extra WMG557,000 shares worth $15.93M.
This is -10.64% and $1.90M less than what they got when they sold the stock.
Charitable Transactions
32,751 shares
LYB
Recent Charitable Transactions
17,132 shares
LYB
Jan 12, 2021
Charity
15,619 shares
LYB
Jan 4, 2021
Charity
Insider Trading
Stephen F. Cooper's recent stock transactions, purchases, and sales filed with the SEC.
418,818 shares
WMG
Jan 4, 2023
Received
236 shares
LYB
Jun 30, 2022
Received
313 shares
LYB
Mar 31, 2022
Received
380,761 shares
WMG
Jan 3, 2022
Received
336 shares
LYB
Dec 31, 2021
Received
321 shares
LYB
Sep 30, 2021
Received
288 shares
LYB
Jun 30, 2021
Received
1,531 shares
LYB
May 27, 2021
Received
310 shares
LYB
Mar 31, 2021
Received
189,856 shares
WMG
Jan 12, 2021
Received
Rivals
Compare Stephen F. Cooper with competitor CEOs and industry peers.