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Jason Garner served as the Chief Executive Officer of Global Music at Live Nation Entertainment from 2007 until 2010. Before that, he was the President of North American Concerts. His career in the music industry has made him a prominent...

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Jason Garner

Ex-CEO of Live Nation Entertainment

Field of Expertise

Other - Music

Sector of Economy

Communication Services

CEO of Live Nation Entertainment for

3 years 9 months (Jan 2007 - Oct 2010)

Previous Experience

Chief Executive Officer, Global Music of Live Nation Worldwide, Inc.

Holdings

See how much did Jason Garner make over time.

Jason Garner's ownership in Live Nation was significant, particularly in the years leading up to his departure in 2010. At the peak of his tenure, he was granted multiple stock options and restricted shares, including a total of 200,000 shares,...

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Jason Garner make over time.

In 2010, Jason Garner's total compensation reached approximately $6.99 million, combining salary, stock, and a significant severance payment following his exit. His base salary that year was about $742,522, but the bulk of his package came from vested stock options valued at approximately $2.67 million and a severance payment of $2.7 million due to his termination. During his time at Live Nation, Garner's compensation structure reflected a performance-driven approach, as bonuses were tied to specific financial metrics, highlighting the connection between company performance and executive rewards. His compensation journey illustrates the pressures and rewards of leading a company in the dynamic live entertainment market.

Year

2010

Total Compensation

$5.75M

Salary

$742.52K

Board Justification

The compensation philosophy aims to align executive compensation with company performance and to attract and retain top talent in the live entertainment industry.

Bonus

$0.00

Board Justification

No cash bonus was awarded for 2010 as per the performance targets set by the Compensation Committee.

Other

$2.70M

Board Justification

Severance payment of $2,700,000 due to termination of employment in October 2010, with a portion delayed due to Section 409A of the Internal Revenue Code.

Restricted Stock

$2.31M(222.19K restricted common stock)

Board Justification

200,000 shares of restricted common stock granted on January 26, 2010, vesting in equal annual installments over four years, with 22,185 shares vested in 2010 due to accelerated vesting upon termination of employment in October 2010.

Performance Metrics

The performance metrics for 2010 were primarily based on the achievement of Adjusted Operating Income targets.

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