UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 22, 2026 (
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On September 21, 2026, Warner Music Group Corp. (the “Company”) announced that Carianne Marshall will step down as Co-Chair and Chief Operating Officer, Warner Chappell Music, Inc. (“Warner Chappell Music”), a subsidiary of the Company, effective September 30, 2026. Ms. Marshall will remain employed by Warner Chappell Music through January 8, 2027, during which time she will provide transition and advisory services as requested by Warner Chappell Music.
In connection with her departure, Warner Chappell Music and Ms. Marshall have entered into a separation agreement (the “Separation Agreement”) dated September 22, 2026. Pursuant to the Separation Agreement, Ms. Marshall will receive total gross severance payment representing eighteen months of Ms. Marshall’s per annum salary rate as in effect on January 8, 2027. In addition, Ms. Marshall will be eligible for an annual bonus for fiscal year 2026 in accordance with her existing employment agreement, a pro-rated annual bonus for fiscal year 2027, a lump sum payment in the amount of $116,000 and a one-time award under the Company’s equity compensation plan having a grant date value of $1,500,000.
The foregoing description of the Separation Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Separation Agreement, a copy of which will be filed with the Company’s Annual Report on Form 10-K for the fiscal year ending September 30, 2026.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Warner Music Group Corp. | ||||||
| Date: September 22, 2026 | By: | /s/ Paul Robinson | ||||
| Paul Robinson Executive Vice President and General Counsel | ||||||