Michael Rowles
General Counsel
General Counsel
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Live Nation Entertainment, Inc. (LYV) | General Counsel and Secretary | $1,100,000 | $2,782,871 |
| 2024 | Live Nation Entertainment, Inc. (LYV) | General Counsel and Secretary | $1,100,000 | $2,781,954 |
| 2023 | Live Nation Entertainment, Inc. (LYV) | General Counsel and Secretary | $1,100,000 | $2,828,768 |
| 2022 | Live Nation Entertainment, Inc. (LYV) | General Counsel and Secretary | $800,000 | $7,147,585 |
| 2021 | Live Nation Entertainment, Inc. (LYV) | General Counsel and Secretary \ The amounts reflected in the table represent the actual amounts paid to the named executive officers in the applicable year and are not annualized. The amounts set forth in this column for 2022 is a signing bonus of $6,000,000 for Mr. Rapino and Mr. Berchtold, respectively, as stated within their respective employment agreements. See the Named Executive Officer Employment Agreements & Other Compensation Information section. The amounts listed are equal to the aggregate grant date fair value computed in accordance with ASC 718. Additional information related to the calculation of the compensation cost is set forth in Note 13 of the Notes to Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2023. All of these awards were granted under our stock incentive plans. The amounts set forth in this column for 2023 and 2022 reflect cash performance bonuses that were paid in 2024 and 2023, respectively, but was earned based upon obtaining 2023 and 2022 financial performance goals, respectively. The cash performance bonus opportunity is set forth in each of their respective employment agreements, and such payments are currently not made under or pursuant to any other plan of the company, including without limitation the Existing 2005 Plan or the Amended 2005 Plan. For further discussion of these bonus payments, see the Compensation Discussion and Analysis section. The amounts for 2023 represent (i) for Mr. Rapino, personal security provided at his residence and during personal travel of $1,042,080, personal use of private aircraft of $614,778, an automobile allowance of $75,000 and other small items; (ii) for Mr. Berchtold, tickets to Live Nation events for certain friends and family members and to certain sporting industry events of $78,315 and a company contribution under a 401(k) savings plan, (iii) for Mr. Hopmans, tickets to Live Nation events for certain friends and family members and a company contribution under a 401(k) savings plan and (iv) for Mr. Rowles, tickets to Live Nation events for certain friends and family members of $69,793 and a company contribution under a 401(k) savings plan. Mr. Capo did not receive perquisites and personal benefits aggregating to more than $10,000 during 2023. The bonus amount for 2021 represents a bonus advance to Mr. Capo. In November 2021, Mr. Capo was awarded a bonus of $200,000, the full amount of which was offset against the $350,000 bonus advance. In March 2023, Mr. Capo was awarded a cash performance bonus of $212,500 for 2022, with $75,000 of this amount withheld as recoupment of his 2021 bonus advance. In February 2024, Mr. Capo was awarded a cash performance bonus of $212,500 for 2023, with $75,000 of this amount withheld as recoupment of his 2021 bonus advance. As the full amount of the bonus advance was previously reported as compensation for 2021, the net amount Mr. Capo actually received after repayment ($137,500) is considered 2022 and 2023 compensation. Mr. Hopmans became a named executive officer effective July 1, 2021. The amounts reflected in the table for 2021 are for the full year. | $683,333 | $1,106,275 |
| 2020 | Live Nation Entertainment, Inc. (LYV) | General Counsel and Secretary \ The amounts reflected in the table represent the actual amounts paid to the named executive officers in the applicable year and are not annualized. The amounts set forth in this column for 2022 is a signing bonus of $6,000,000 for Mr. Rapino and Mr. Berchtold, respectively, as stated within their respective new employment agreements. See the Named Executive Officer Employment Agreements & Other Compensation Information section. The amounts listed are equal to the aggregate grant date fair value computed in accordance with ASC 718. Additional information related to the calculation of the compensation cost is set forth in Note 13 of the Notes to Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2022. All of these awards were granted under our stock incentive plans. The amounts set forth in this column for 2022 reflect a cash performance bonus that was paid in 2023 but was earned based upon obtaining 2022 financial performance goals. For further discussion of these bonus payments, see the Compensation Discussion and Analysis section. The amounts for 2022 represent (i) for Mr. Rapino, personal security provided at his residence and during personal travel of $600,053, personal use of private aircraft of $585,259, an automobile allowance of $75,000, ticket to a sporting industry event; (ii) for Mr. Berchtold, tickets to certain sporting industry events of $38,585, tickets to Live Nation events for certain friends and family members and a company contribution under a 401(k) savings plan, and (iii) for Mr. Rowles, tickets to Live Nation events for certain friends and family members of $44,864 and a company contribution under a 401(k) savings plan. Messrs. Capo and Hopmans did not receive perquisites and personal benefits aggregating to more than $10,000 during 2022. The bonus amount for 2021 represents a bonus advance to Mr. Capo. Repayment of this bonus advance will be required from any future bonus payments to Mr. Capo, with full repayment of any outstanding amounts of the bonus advance required upon Mr. Capo's departure from the company. In November 2021, Mr. Capo was awarded a bonus of $200,000, the full amount of which was offset against this bonus advance. In March 2023, Mr. Capo was awarded a cash performance bonus of $212,500 for 2022, with $75,000 of this amount withheld as recoupment of his 2021 bonus advance, leaving a remaining balance of $75,000 to be recouped against any future bonus payments. As the full amount of the bonus advance was previously reported as compensation for 2021, the net amount Mr. Capo actually received after repayment ($137,500) is considered 2022 compensation. Mr. Hopmans became a named executive officer effective July 1, 2021. The amounts reflected in the table for 2021 are for the full year. | $493,333 | $747,932 |
| 2019 | Live Nation Entertainment, Inc. (LYV) | General Counsel and Secretary | $800,000 | $2,050,042 |
| 2018 | Live Nation Entertainment, Inc. (LYV) | General Counsel and Secretary | $800,000 | $2,025,775 |
| 2017 | Live Nation Entertainment, Inc. (LYV) | General Counsel and Secretary | $750,000 | $3,366,022 |
Executive changes
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Appointed Executive Vice President, General Counsel and Secretary at Live Nation Entertainment, Inc. (LYV)2023-01-01
Earnings-call appearances
No earnings-call appearances recorded yet.