leadership
confidence high
sentiment neutral
materiality 0.55
Live Nation extends EVP M&A John Hopmans' contract through 2028 with $1.5M salary and performance share grant
Live Nation Entertainment, Inc.
- Base salary of $1,500,000 per year, eligible for annual increases at Compensation Committee discretion.
- Target annual cash bonus of 100% of base salary based on performance targets set annually.
- Grant of up to 289,300 performance shares tied to stock price targets from $93.895 to $143.895, vesting over 60 nonconsecutive trading days through Dec 31, 2028.
- Severance on termination without cause or for good reason: 2x base salary plus accelerated vesting of equity awards (excluding performance shares not yet earned).
- Term runs Jan 1, 2024 to Dec 31, 2028, then at-will unless renewed.