STOCK TITAN
  1. Home
  2. Sec-filings
  3. WMG
  4. [8-K] Warner Music Group Corp. Reports Material Event

Warner Music sets $1M pay for acting CFO

Warner Music Group adjusts Louis Dickler’s pay and incentives while he serves as Acting Chief Financial Officer during a defined transition period.

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Warner Music Group Corp. (WMG) reports that its subsidiary Warner Music Inc. has amended the employment agreement of Louis Dickler in connection with his service as Acting Chief Financial Officer. Dickler will serve as Acting CFO, in addition to his role as Senior Vice President, Global Controller & Chief Accounting Officer, from July 31, 2026 through a transition period ending on a date determined by Warner Music Inc. that is expected to follow the start of a new Chief Financial Officer. During this Transition Period, his annual base salary will be $1,000,000, and after the Transition Period it will be $650,000 for the remainder of the agreement term. The amendment also sets the aggregate pre-tax grant date target value of his January 2027 long-term incentive award at $1,000,000.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Acting CFO Transition Start Date July 31, 2026 Start of Louis Dickler’s service as Acting Chief Financial Officer
Annual Base Salary During Transition Period $1,000,000 Compensation for Louis Dickler while serving as Acting CFO during the Transition Period
Annual Base Salary After Transition Period $650,000 Compensation for Louis Dickler after he resumes solely the SVP, Global Controller & Chief Accounting Officer role
January 2027 Long-Term Incentive Target Value $1,000,000 Aggregate pre-tax grant date target value of Louis Dickler’s long-term incentive award
Filing Date of Amendment Disclosure September 4, 2026 Date on which Warner Music Group reported the amendment to the employment agreement
Acting Chief Financial Officer financial
"appointed Louis Dickler as the Acting Chief Financial Officer"
Senior Vice President, Global Controller & Chief Accounting Officer financial
"in addition to his current role as Senior Vice President, Global Controller & Chief Accounting Officer"
Transition Period financial
"from July 31, 2026 until a date determined by WMG in its sole discretion (the “Transition Period”)"
long-term incentive award financial
"the aggregate pre-tax grant date target value of the long-term incentive award to be granted"
A long-term incentive award is a form of compensation granted to executives or employees that pays out over several years, often as company stock, stock-like units, or cash tied to future performance goals. Investors care because these awards aim to align management’s interests with shareholder value—like giving a gardener seeds that only grow if they tend the garden well—and they can affect future share counts, reported costs, and the executive team’s motivation to meet long-range targets.
pre-tax grant date target value financial
"the aggregate pre-tax grant date target value of the long-term incentive award"

FAQ

What executive change is Warner Music Group Corp. (WMG) highlighting in this 8-K?
WMG describes an amendment to Louis Dickler’s employment agreement reflecting his role as Acting Chief Financial Officer, in addition to his existing position as Senior Vice President, Global Controller & Chief Accounting Officer, during a transition period starting July 31, 2026.

What is Louis Dickler’s salary as Acting CFO at WMG during the Transition Period?
During the Transition Period, Louis Dickler’s annual base salary will be $1,000,000. After the Transition Period ends, his annual base salary will be $650,000 for the remainder of the term of his employment agreement.

How long will Louis Dickler serve as Acting Chief Financial Officer at WMG?
Louis Dickler will serve as Acting Chief Financial Officer from July 31, 2026 until a date determined by Warner Music Inc. in its sole discretion, which is expected to follow the commencement of employment of a new Chief Financial Officer.

What long-term incentive award is planned for Louis Dickler under the WMG amendment?
The amendment provides that Louis Dickler’s January 2027 long-term incentive award will have an aggregate pre-tax grant date target value of $1,000,000, as part of his compensation in connection with his expanded responsibilities.

What role will Louis Dickler have at Warner Music Group after the Transition Period?
Following the end of the Transition Period, Louis Dickler will continue solely as Senior Vice President, Global Controller & Chief Accounting Officer, and will no longer serve as Acting Chief Financial Officer.

Where will the full text of Louis Dickler’s amended employment agreement be available for WMG investors?
Warner Music Group states that the complete text of the amendment to Louis Dickler’s employment agreement will be filed with the Company’s Annual Report on Form 10-K for the fiscal year ending September 30, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
NY false 0001319161 0001319161 2026-09-04 2026-09-04
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 4, 2026 (September 4, 2026)

 

 

Warner Music Group Corp.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-32502   13-4271875

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

1633 Broadway,
New York, New York , 10019
(Address of principal executive offices, including zip code)

(212) 275-2000

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):

 

  ☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  ☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  ☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  ☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading
Symbol(s)

  

Name of each exchange
on which registered

Class A Common Stock   WMG   The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 
 

Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously disclosed, effective July 31, 2026, Warner Music Group Corp. (the “Company”) appointed Louis Dickler as the Acting Chief Financial Officer. In connection with Mr. Dickler’s assumption of additional responsibilities as Acting Chief Financial Officer, on September 4, 2026, Warner Music Inc., a wholly owned subsidiary of the Company (“WMG”) entered into an amendment (the “Amendment”) to Mr. Dickler’s employment agreement (the “Employment Agreement”).

Pursuant to the Amendment, Mr. Dickler will serve as Acting Chief Financial Officer, in addition to his current role as Senior Vice President, Global Controller & Chief Accounting Officer, from July 31, 2026 until a date determined by WMG in its sole discretion that is expected to follow the commencement of employment of a new Chief Financial Officer (the “Transition Period”). Following the end of the Transition Period, Mr. Dickler will continue in his role solely as Senior Vice President, Global Controller & Chief Accounting Officer.

During the Transition Period, Mr. Dickler’s annual base salary will be $1,000,000. Following the Transition Period, his annual base salary will be $650,000 for the remainder of the term of the Employment Agreement. The Amendment also provides that the aggregate pre-tax grant date target value of the long-term incentive award to be granted to Mr. Dickler in January 2027 will be $1,000,000.

The foregoing description of the Amendment is subject to, and qualified in its entirety by, the complete text of the Amendment, a copy of which will be filed with the Company’s Annual Report on Form 10-K for the fiscal year ending September 30, 2026.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

      Warner Music Group Corp.
Date: September 4, 2026     By:  

/s/ Paul Robinson

      Paul Robinson
      Executive Vice President and General Counsel

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

3 documents

Other Documents