8-KItem 5.02 · Officer/Director ChangeItem 9.01 · Financial Statements
Live Nation Extends CEO Michael Rapino’s Employment Through 2031
Filed with the SEC on · Summarized by InvestorsBot
Live Nation and CEO Michael Rapino signed an amended employment agreement effective October 1, 2026, extending his role as president, CEO and director through December 31, 2031. His annual compensation includes a $3 million salary, a target $17 million cash bonus, at least $10 million in performance shares, and $15 million each in time-based RSUs and performance share units beginning in 2027, with 70% of target compensation performance-based. Rapino will also receive $20 million in upfront RSUs vesting over five years, while the agreement provides accelerated equity vesting and other benefits under specified termination or change-in-control circumstances.