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HILVERSUM, The Netherlands (CelebrityAccess) -- On Thursday, Universal Music Group held its Annual General Meeting of Shareholders who officially voted to
UNIVERSAL MUSIC GROUP's Board Of Directors extended the contract of SIR LUCIAN GRAINGE for five years to remain Chairman/CEO until MAY 1st, 2028. His new five-year deal mixes together components of cash and equity-based compensation (his previous deal was reportedly cash-only package) with his current annual salary of $5 million reduced by two-thirds, according to MUSIC BUSINESS WORLDWIDE.Subject to performance incentives, he will also be eligible for an annual bonus with a target of $10 ...
HILVERSUM, Netherlands, March 30, 2023 /PRNewswire/ -- Universal Music Group N.V. announced today that its Board of Directors has extended the engagement of UMG Chairman and Chief Executive Officer... | March 30, 2023
Universal Music Group has extended chairman-CEO Lucian Grainge’s contract to 2028, with a one-time stock grant of up to $100 million.
/PRNewswire/ -- Universal Music Group N.V. (EURONEXT: UMG) announced today that its Board of Directors has extended the engagement of UMG Chairman and Chief...