Michael Rapino Salary The Untold Story Of The Live Nation Ceos Earnings
Live nation ceo michael rapino s total compensation package rose to $139 million in 2022, up from $13. 8 million the previous year. Rapinos compensation included a base salary. As president, chief executive officer and director at live nation entertainment, michael rapino made $23,438,317 in total compensation. Of this total $3,000,000 was received as a. Live nation entertainment president and ceo michael rapino got the largest compensation package of any fortune 500 executive last year at $139 million.
During that time, rapino made $139 million in earnings, including a stock grant of $109 million. In contrast, the average worker earned around. His salary was reinstated at 50% as of june 1, and boosted to 60% on sept. Rapino received expansive praise, and apparently inaccurate media coverage throughout the. It turns out michael rapinos $139 million pay package is costing live nation in more ways than one, as the promoter now has the dubious distinction of shelling out the largest ceo. Despite reports that live nation ceo michael rapino would forego his salary for all of 2020, he did so for six weeks, per sec filings. Live nation shareholders voted against the ratification of selected executives' salary requests, including its ceo michael rapino's whopping $139 million salary package.
