Universal Music Group Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Lucian Grainge

Chief executive officer

€138.8m

Total compensation

CEO salary percentage	5.4%
CEO tenure	3.2yrs
CEO ownership	0.02%
Management average tenure	no data
Board average tenure	3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lucian Grainge's remuneration changed compared to Universal Music Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	€2b
Mar 31 2024	n/a	n/a	€1b
Dec 31 2023	€139m	€8m	€1b
Sep 30 2023	n/a	n/a	€1b
Jun 30 2023	n/a	n/a	€1b
Mar 31 2023	n/a	n/a	€974m
Dec 31 2022	€47m	€15m	€782m
Sep 30 2022	n/a	n/a	€729m
Jun 30 2022	n/a	n/a	€675m
Mar 31 2022	n/a	n/a	€872m
Dec 31 2021	€41m	€13m	€886m
Sep 30 2021	n/a	n/a	€985m
Jun 30 2021	n/a	n/a	€1b
Mar 31 2021	n/a	n/a	€1b
Dec 31 2020	€50m	€14m	€1b

Compensation vs Market: Lucian's total compensation ($USD146.97M) is above average for companies of similar size in the UK market ($USD5.73M).

Compensation vs Earnings: Lucian's compensation has increased by more than 20% in the past year.

CEO

Lucian Grainge (64 yo)

3.2yrs

Tenure

€138,813,856

Compensation

Sir Lucian Grainge, CBE, serves as Chairman at Universal Music Group N.V. since September 2021 and also serves as its Chief Executive Officer and Executive Director. He served as Chief Executive Officer of...

Board Members

Name	Position	Tenure	Compensation	Ownership
Lucian Grainge	Chairman & CEO	3.2yrs	€138.81m	0.020% € 8.4m
Vincent Vallejo	Deputy CEO	3.2yrs	€2.82m	0.0056% € 2.3m
Jody Gerson	Chairman & CEO for Universal Music Publishing Group	no data	no data	no data
Timothy Xu	Chairman & CEO of Universal Music Greater China	1.2yrs	no data	no data
William Ackman	Non-Independent & Non-Executive Director	2.5yrs	no data	10.21% € 4.2b
Sherry Lansing	Independent & Non-Executive Chairman	2.5yrs	€175.42k	no data
Manning Doherty	Non-Independent & Non-Executive Director	3.2yrs	no data	no data
James Mitchell	Non-Independent & Non-Executive Director	3.2yrs	no data	no data
Catherine Lawson-Hall	Non-Independent & Non-Executive Director	3.2yrs	€110.00k	0.00013% € 53.6k
Nicole Avant	Independent Non-Executive Director	2.5yrs	€110.00k	no data
Luc Van Os	Non-Independent & Non-Executive Director	3.2yrs	€120.00k	0.000010% € 4.1k
Margaret Frerejean-Taittinger	Independent Vice Chairman	10.2yrs	€140.00k	no data

3.2yrs

Average Tenure

57yo

Average Age

Experienced Board: 0UMG's board of directors are considered experienced (3.2 years average tenure).

Universal Music Group Management

Management criteria checks 1/4

Key information

Recent management updates

Universal Music Group N.V., Annual General Meeting, May 16, 2024

Board Member recently bought €6.1m worth of stock

Universal Music Group N.V. Announces Resignation of Anna Jones from its Board of Directors, Effective September 30, 2023

Recent updates

Universal Music Group N.V. (ENXTAM:UMG) acquired remaining 51% stake in Pias UK Limited from Kenny Gates and Michel Lambot.

Universal Music Group N.V. to Report Q3, 2024 Results on Oct 31, 2024

First half dividend of €0.24 announced

Universal Music Group N.V. (ENXTAM:UMG) agreed to acquire 30% stake in RS UMG Company Limited from RS Music Company Limited for approximately THB 670 million.

Investor sentiment deteriorates as stock falls 25%

First half 2024 earnings released: EPS: €0.50 (vs €0.34 in 1H 2023)

Universal Music Group N.V. to Report Q2, 2024 Results on Jul 24, 2024

Universal Music Group N.V. Approves to Adopt A Final Dividend, Payable on June 11, 2024

Upcoming dividend of €0.27 per share

Now 21% overvalued

Now 20% overvalued

Final dividend of €0.27 announced

Full year 2023 earnings released: EPS: €0.69 (vs €0.43 in FY 2022)

Universal Music Group N.V., Annual General Meeting, May 16, 2024

Now 21% overvalued after recent price rise

Full year 2023 earnings released: EPS: €0.69 (vs €0.43 in FY 2022)

Universal Music Group N.V. (ENXTAM:UMG) agreed to acquire an unknown majority stake in Mavin Records Limited from TPG Capital, L.P.

Universal Music Group N.V. (ENXTAM:UMG) and Dundee Partners LLP agreed to acquire an unknown majority stake in Chord Music Partners, L.P. from KKR & Co. Inc. (NYSE:KKR).

Universal Music Group N.V. to Report Q4, 2023 Results on Feb 28, 2024

Board Member recently bought €6.1m worth of stock

Universal Music Group N.V. to Report Q3, 2023 Results on Oct 26, 2023

Upcoming dividend of €0.24 per share at 2.1% yield