internal
Michael Rapino
President & Chief Executive Officer
Executive
20 yr
4 reports
Live Nation Entertainment, Inc. ·LYV
CEO-led functional model with unusually long-tenured top team
Media · Fortune #190 · Functional structure · 24K employees · Beverly Hills, CA
View as of:
3
CEO span
↓ tighter than peers (avg 10)
1.3
Avg span
tight
3
Max depth
3 levels
12.7 yr
Avg tenure
↑ 1.7yr from FY2024
67%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$25.2B
Operating income
$1.3B
Net income
$496M
Total assets
$22.9B
Shares out
235M
Sourced from Live Nation Entertainment, Inc. DEF 14A · filed 2026-04-24 ↗ View on SEC
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Live Nation Entertainment, Inc. organizational chart
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Live Nation uses a CEO-centric functional structure, with long-tenured finance, operations, and legal leaders reporting directly to Michael Rapino. This page maps the executive org, analyzes reporting spans, and compares Live Nation’s unusually centralized model with major media peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Greg Maffei departed as Director
Retired from the Board effective June 12, 2025.
Source · See change logScenario views in the chart
- Add Chief Operating Officer Introduce a COO role to reduce the CEO’s operational span and formalize execution oversight.
- CFO Departs: Succession Remove the long-tenured CFO role to evaluate internal versus external succession risk.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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- Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.
The people
Who's running this
4 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Joe Berchtold
President & Chief Financial Officer
Finance
16 yr
1 reports
John Hopmans
Executive Vice President
Operations
7 yr
0 reports
Michael Rowles
General Counsel & Secretary
Legal
8 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Michael Rapino $32.6M
- Base salary
- $3.00M
- Stock awards
- $17.37M
- Option awards
- $2.18M
- Non-equity incentive
- $10.00M
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
5×CEO base salary
2.5×NEO base salary
5×Director cash retainer
Executives and directors must meet equity ownership guidelines within three years.
The businesses
How Live Nation Entertainment, Inc. divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Finance
1K employees
President & CFO (Joe Berchtold)
Oversees financial planning, accounting, treasury, and investor reporting.
Legal & Compliance
400 employees
General Counsel (Michael Rowles)
Manages regulatory compliance, litigation, contracts, and governance.
Operations
18K employees
Executive Vice President (John Hopmans)
Runs global concert promotion, venues, and ticketing operations.
The thesis
Why this org is unusual
Live Nation operates with a tightly controlled functional structure centered on a long-tenured CEO.
Michael Rapino has led the company for roughly two decades, with finance, legal, and operations reporting directly to him rather than through multiple divisional CEOs. This keeps strategic and capital allocation authority highly centralized.
The CEO’s direct reports include the CFO, EVP-level operational leadership, and General Counsel, reflecting a governance-heavy structure suited to regulatory, financial, and contractual complexity. Compared with many global media peers, Live Nation runs lean at the top, with relatively few C-suite roles and limited layering between the CEO and core functions.
- CEO tenure exceeds 20 years
- No standalone COO role
The comparison
How Live Nation Entertainment, Inc. stacks up
Compared with peers like Disney and Comcast, Live Nation’s executive structure is notably flatter and more centralized. While large media conglomerates often separate content, distribution, and international divisions under multiple presidents, Live Nation concentrates authority at the corporate level. This structure …
C-suite size
Reporting depth
Live Nation Entertainment, Inc.
3 levels
Walt Disney
5 levels
6 levels
6 levels
Spotify
5 levels
Avg C-suite tenure
Has COO / Has CAIO
Live Nation Entertainment, Inc. — no COO — no CAIO
Walt Disney ✓ COO — no CAIO
Spotify — no COO ✓ CAIO
Current signals
What changed recently
The most notable recent change was Greg Maffei’s retirement from the board in mid‑2025.
- departed
- new
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-04-24
- CEO
- Michael Rapino
- CEO span
- 3
- C-suite
- 5
- Avg tenure
- 12 yr
Leadership remained stable with no executive departures.
Named executive officers (5)
- Michael Rapino - CEO since 2005
- Joe Berchtold - CFO since 2009
- Brian Capo - Chief Accounting Officer since 2014
- John Hopmans - EVP since 2019
- Michael Rowles - General Counsel since 2018
FY2024
DEF 14A filed 2025-04-25
- CEO
- Michael Rapino
- CEO span
- 3
- C-suite
- 5
- Avg tenure
- 11 yr
Continued long-tenured executive team.
FY2023
DEF 14A filed 2024-04-26
- CEO
- Michael Rapino
- CEO span
- 3
- C-suite
- 5
- Avg tenure
- 10 yr
No structural changes to executive reporting.
Year-over-year changes
Leadership continuity with increasing average tenure.
- CEO span: 3 → 3
- C-suite size: 5 → 5
- Avg tenure: 11 → 12 yr
Frequently Asked Questions
Who is the CEO of Live Nation Entertainment?
Michael Rapino has served as President and CEO since 2005.
What type of organizational structure does Live Nation Entertainment use?
Live Nation uses a functional structure with major functions reporting directly to the CEO.
How many direct reports does Live Nation Entertainment's CEO have?
The CEO has three primary direct reports in finance, operations, and legal.
How has Live Nation Entertainment's leadership changed recently?
Recent changes were at the board level, including Greg Maffei’s retirement in 2025.
Does Live Nation Entertainment have a COO?
No, Live Nation does not have a standalone Chief Operating Officer role.
Sources
- 8-K Filing, Jun 2025
- 8-K Filing, May 2025
- SEC EDGAR: Live Nation Entertainment, Inc. DEF 14A Proxy Statement
- SEC EDGAR: Live Nation Entertainment, Inc. 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Live Nation Entertainment, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/live-nation-entertainment/MLA 9th
"Live Nation Entertainment, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/live-nation-entertainment/. Accessed .Chicago 17
Creately. "Live Nation Entertainment, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/live-nation-entertainment/.Original SEC source View on SEC ↗
Live Nation Entertainment, Inc.. DEF 14A. Filed 2026-04-24. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1335258/000119312526174146/d43878ddef14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/live-nation-entertainment/ · last updated 2026-04-01