Warner Music Group Corp. filed an 8-K on September 4, 2026, disclosing a compensation amendment for Louis Dickler, who assumed the role of Acting Chief Financial Officer effective July 31, 2026.

Key Highlights

  • Acting CFO appointment: Louis Dickler was appointed Acting Chief Financial Officer effective July 31, 2026, in addition to his existing role as Senior Vice President, Global Controller and Chief Accounting Officer.
  • Transition Period salary: During the Transition Period, Mr. Dickler's annual base salary will be $1,000,000.
  • Post-transition salary: Following the Transition Period, his annual base salary will revert to $650,000 for the remainder of the Employment Agreement term.
  • Long-term incentive award: The amendment sets the aggregate pre-tax grant date target value of Mr. Dickler's long-term incentive award to be granted in January 2027 at $1,000,000.
  • Duration of acting role: The Transition Period is expected to follow the commencement of employment of a new Chief Financial Officer, with the end date determined by Warner Music Inc. in its sole discretion.

Warner Music Group Amends Dickler Employment Agreement During CFO Search

According to the filing, Warner Music Group Corp. (NASDAQ:WMG) disclosed that its wholly owned subsidiary, Warner Music Inc., entered into an amendment to Louis Dickler's employment agreement on September 4, 2026. The amendment formalizes the terms under which Mr. Dickler serves as Acting Chief Financial Officer alongside his continuing duties as Senior Vice President, Global Controller and Chief Accounting Officer.

The filing states that the Transition Period runs 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." Once that period concludes, the company disclosed, Mr. Dickler will continue solely in his Senior Vice President, Global Controller and Chief Accounting Officer capacity.

On compensation, the filing reports that Mr. Dickler's annual base salary rises to $1,000,000 during the Transition Period, stepping down to $650,000 for the balance of his Employment Agreement term after the Transition Period ends. The amendment also sets the aggregate pre-tax grant date target value of a long-term incentive award scheduled for January 2027 at $1,000,000. The company noted that the complete text of the amendment will be filed with its Annual Report on Form 10-K for the fiscal year ending September 30, 2026.

What Was Disclosed

Warner Music Group Corp. reported an employment amendment for Acting CFO Louis Dickler, detailing a $1,000,000 annual base salary during his acting tenure, a post-transition salary of $650,000, and a $1,000,000 long-term incentive award target value for January 2027.