Live Nation Entertainment, Inc.

BOVESPA:L1YV34 Stock Report

Market Cap: R$187.9b

Live Nation Entertainment Management

Management criteria checks 3/4

Live Nation Entertainment's CEO is Michael Rapino, appointed in Aug 2005, has a tenure of 19.33 years. total yearly compensation is $23.44M, comprised of 12.8% salary and 87.2% bonuses, including company stock and options. directly owns 1.67% of the company’s shares, worth R$3.14B. The average tenure of the management team and the board of directors is 11.8 years and 10 years respectively.

Key information

Michael Rapino

Chief executive officer

US$23.4m

Total compensation

CEO salary percentage12.8%
CEO tenure19.3yrs
CEO ownership1.7%
Management average tenure11.8yrs
Board average tenure10yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Rapino's remuneration changed compared to Live Nation Entertainment's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$207m

Jun 30 2024n/an/a

US$270m

Mar 31 2024n/an/a

US$252m

Dec 31 2023US$23mUS$3m

US$316m

Sep 30 2023n/an/a

US$365m

Jun 30 2023n/an/a

US$237m

Mar 31 2023n/an/a

US$177m

Dec 31 2022US$139mUS$3m

US$149m

Sep 30 2022n/an/a

US$191m

Jun 30 2022n/an/a

-US$99m

Mar 31 2022n/an/a

-US$448m

Dec 31 2021US$14mUS$3m

-US$671m

Sep 30 2021n/an/a

-US$896m

Jun 30 2021n/an/a

-US$1b

Mar 31 2021n/an/a

-US$2b

Dec 31 2020US$5mUS$2m

-US$2b

Sep 30 2020n/an/a

-US$1b

Jun 30 2020n/an/a

-US$795m

Mar 31 2020n/an/a

-US$139m

Dec 31 2019US$15mUS$3m

-US$5m

Sep 30 2019n/an/a

US$9m

Jun 30 2019n/an/a

US$6m

Mar 31 2019n/an/a

-US$32m

Dec 31 2018US$12mUS$3m

-US$18m

Sep 30 2018n/an/a

-US$76m

Jun 30 2018n/an/a

-US$113m

Mar 31 2018n/an/a

-US$102m

Dec 31 2017US$71mUS$2m

-US$98m

Compensation vs Market: Michael's total compensation ($USD23.44M) is above average for companies of similar size in the BR market ($USD5.72M).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.

CEO

Michael Rapino (58 yo)

19.3yrs

Tenure

US$23,438,317

Compensation

Mr. Michael Rapino serves as Independent Director of Sirius XM Radio Inc. since January 2018. He has been the Chief Executive Officer and President of Live Nation Entertainment, Inc. since August 2005. Mr....

Leadership Team

NamePositionTenureCompensationOwnership
Michael Rapino
President19.3yrsUS$23.44m1.67%
R$ 3.1b
Joe Berchtold
President & CFO7yrsUS$6.49m0.29%
R$ 544.5m
Brian Capo
Chief Accounting Officer & Senior VP17yrsUS$715.02k0.0053%
R$ 10.1m
Michael Rowles
Executive VP18.8yrsUS$2.83m0.077%
R$ 144.7m
John Hopmans
Executive Vice President of Mergers & Acquisitions and Strategic Finance16.7yrsUS$23.37m0.054%
R$ 101.9m
Amy Yong
Senior Vice President of Investor Relations1.1yrsno datano data
Kaitlyn Henrich
Senior VP of Corporate Affairs2.9yrsno datano data
Liz Dyer
Senior Vice President of Human Resources4.3yrsno datano data
Russell Wallach
Global President of Live Nation Media & Sponsorshipno datano datano data
Arthur Fogel
Chairman of Global Music Group & President of Global Touring Division19.9yrsno datano data
Neil Jacobsen
President of Tampa/Orlando - U.S. Concerts & COO of Florida6yrsno datano data
Ben Weeden
Chief Financial Officer of Venue Nationno datano datano data

11.8yrs

Average Tenure

58yo

Average Age

Experienced Management: L1YV34's management team is seasoned and experienced (11.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Rapino
President19yrsUS$23.44m1.67%
R$ 3.1b
Randall Mays
Independent Director19.9yrsUS$333.91k0.060%
R$ 112.6m
James Kahan
Independent Director17.3yrsUS$324.16k0.046%
R$ 85.6m
Jeffrey Hinson
Independent Director19yrsUS$342.16k0.023%
R$ 44.0m
Gregory Maffei
Non-Executive Chairman of the Board13.8yrsUS$488.29k0.048%
R$ 90.9m
Ping Fu
Independent Director6.5yrsUS$324.16k0.0066%
R$ 12.3m
James Iovine
Independent Director10yrsUS$318.16k0.022%
R$ 41.6m
Maverick Carter
Independent Director6yrsUS$312.91k0.0078%
R$ 14.7m
Chad Hollingsworth
Independent Director4.5yrsUS$333.16k0.0054%
R$ 10.1m
Latriece Watkins
Independent Director3.3yrsUS$314.41k0.0032%
R$ 6.0m
Richard Paul
Independent Director1.7yrsUS$317.81k0.0021%
R$ 4.0m

10.0yrs

Average Tenure

58yo

Average Age

Experienced Board: L1YV34's board of directors are seasoned and experienced ( 10 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 08:06
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Live Nation Entertainment, Inc. is covered by 39 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Matthew HarriganBenchmark Company
Brennan MatthewsBerenberg