Warner Music Group Corp. has amended the employment agreement for Louis Dickler, who is serving as Acting Chief Financial Officer effective July 31, 2026. The amendment formalizes his compensation during the transition period while he also maintains his role as SVP, Global Controller & Chief Accounting Officer, until a permanent CFO is appointed.
Key Details
- Acting CFO Compensation: Mr. Dickler's annual base salary has been set at $1,000,000 during the transition period.
- Post-Transition Salary: Following the appointment of a permanent CFO, his annual base salary will revert to $650,000.
- Incentive Award: The agreement provides for a long-term incentive award with a target value of $1,000,000 to be granted in January 2027.