As the Chief Executive Officer - International Music at Live Nation, Alan Ridgeway earned a total compensation of $668,635 in 2008, which decreased by 37.95% compared to 2007.

Of this total, $556,554 was earned as salary, $-30,731 was awarded as stock, $84,707 was received in stock options, and $58,105 came from all other compensation.

Mr. Ridgeway served as Chief Financial Officer through August 2007, and was named Chief Executive Officer - International Music in September 2007. For 2007 and 2008, Mr. Ridgeway was awarded performance bonuses of $300,000 and $97,500, respectively, which were offset against this cash retention bonus. In March 2008, the Compensation Committee determined that the Company did not achieve certain applicable financial performance targets for 2007 and, as a result, Mr. Ridgeway forfeited a grant of 12,500 restricted shares on that date in accordance with its terms. Mr. Ridgeway is paid in British Pound Sterling, but all amounts have been converted to United States dollars using an average exchange rate for the year.

Alan Ridgeway worked with Kathy Willard, Michael Rowles, Jason Garner, Michael Cohl, and Michael Rapino at Live Nation in 2008.


History
Compensation Data Fiscal 2008 Ends: Dec 31
  • Salary$556,554
  • Stock Awards$-30,731
  • Option Awards$84,707
  • Other$58,105
  • Total$668,635
Company
Live Nation
Industry
Entertainment Production Equipment & Services
Sector
Cyclical Consumer Goods & Services