secwatch.observer — SEC 8-K summary
======================================

Issuer:     Warner Music Group Corp. (WMG)
CIK:        0001319161
Form:       8-K
Filed at:   2023-09-19T23:59:59+00:00
Accession:  0001193125-23-237710
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Warner Music Group appoints Bryan Castellani as CFO, succeeding Eric Levin
--------------------------------------------------------------------------

- Bryan Castellani appointed EVP & CFO effective Oct 16; previously CFO of Disney Entertainment & ESPN.
- Castellani's employment terms: base salary $1.1M, target cash bonus $1.1M, annual RSU grant target $2.2M, plus $1.1M signing bonus.
- Outgoing CFO Eric Levin will remain as senior advisor through Jan 15, 2024, then retire.
- Castellani has over 20 years at Disney; will report to CEO Robert Kyncl.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1319161/000119312523237710/0001193125-23-237710-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1319161/000119312523237710/d539746d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-237710

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer