Live Nation CEO Rapino compensation plan sets $3 million salary, $17 million bonus target through 2031
LYV•Live Nation amended CEO Michael Rapino’s employment agreement, effective Oct. 1, 2026, through Dec. 31, 2031. His annual salary remains $3 million, with a $17 million target cash bonus starting in 2027.
1. Compensation terms
The agreement sets annual time-based RSUs and performance-based stock units at $15 million each starting in 2027, alongside performance-based restricted shares with an annual target value of at least $10 million. Rapino also receives $20 million in upfront RSUs. Severance can reach twice his salary, latest bonus and latest performance shares, with equity acceleration.
