Warner Music Group (WMG) executive compensation, 2026 proxy

Robert Kyncl, CEO, was paid $15.9M in 2025, down 15% from $18.6M the year before. The CEO-to-median-employee pay ratio was 191:1, on median employee pay of $83,212.

Filed
January 20, 2026
Annual meeting
March 3, 2026
Pay year
2025
Named executives
6
CEO total pay
$15.9M-15% vs prior year
CEO to median employee
191:1median $83,212
CEO pay in equity
67%$10.7M in awards
CEO Target Bonus
$3,000,000As set forth in employment agreement
CFO Sign-on Bonus
$1,000,000Paid to Armin Zerza upon appointment
Median Employee Pay
$83,212Calculated under SEC rules
CEO Pay Ratio
191:1Ratio to median employee compensation

How Kyncl was paid

$15.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary13%Bonus20%Stock awards67%All other compensation0%

Named executive officers

ExecutiveTotal
Robert KynclCEO$15,909,250
Armin ZerzaCFO$12,340,581
Bryan CastellaniFormer Chief Financial Officer$4,696,813
Carletta HigginsonChief Digital Officer$4,782,970
Carianne MarshallCo-Chair and COO, Warner Chappell Music$5,372,455
Guy MootCo-Chair and CEO, Warner Chappell Music$6,003,921

What changed and why

  • $15.9MCEO Robert Kyncl received total compensation of $15,909,250 in fiscal 2025, representing a decrease from $18,632,606 in fiscal 2024.
  • $2MMr. Kyncl's base salary remained unchanged at $2,000,000 while his discretionary cash bonus was $3,202,480.
  • $10.7MStock awards for the CEO totaled $10,675,719 following a shift from PSUs to RSUs.
  • $12.3MArmin Zerza joined as CFO during the fiscal year, receiving total compensation of $12,340,581 including sign-on elements.
  • $83,212The CEO to median employee pay ratio was calculated as 191 to 1 based on median employee pay of $83,212.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.