Live Nation CEO Rapino compensation plan sets USD 3 million salary, USD 17 million bonus target through 2031
- Live Nation signed an amended, restated employment agreement with CEO Michael Rapino effective Oct. 1, 2026 through Dec. 31, 2031.
- Annual base salary remains $3 million; target annual cash bonus from 2027 set at $17 million tied to adjusted operating income.
- Equity from 2027 includes $15 million in annual time-based RSUs vesting over five years; $15 million in annual PSUs tied to relative TSR.
- Performance-based restricted shares carry an annual target value of at least $10 million, issued after certification with 50% immediate vesting.
- Rapino also receives $20 million in upfront RSUs; severance can reach two times salary, latest bonus, latest performance shares, with equity acceleration.
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