leadership
confidence high
sentiment neutral
materiality 0.30
WMG CEO Kyncl's annual equity switches from PSUs to RSUs; target value $10.6M
Warner Music Group Corp.
- Starting FY2025, Kyncl receives annual RSU grant with $10.6M target value instead of $10M PSU.
- Actual award value may be higher or lower based on Board discretion and performance.
- All other terms of Kyncl's employment agreement remain unchanged.