Universal Music Extends Chairman-CEO Lucian Grainge’s Contract, With One-Time Stock Grant of Up to $100 Million
Music

Universal Music Extends Chairman-CEO Lucian Grainge’s Contract, With One-Time Stock Grant of Up to $100 Million

Universal Music Group announced on Wednesday that its Board of Directors has extended the contract of Lucian Grainge, the company’s chairman and CEO, until May 1, 2028. According to the announcement, the “extended and amended” agreement transitions Grainge from an all-cash compensation package to one that is a combination of equity and cash and includes an […]

March 30, 2023

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