Lincoln E.  Benet net worth and biography

Lincoln Benet Biography and Net Worth

Director of Warner Music Group

Mr. Benet has served as a director since July 20, 2011. Mr. Benet is the Chief Executive Officer of Access. Prior to joining Access in 2006, Mr. Benet spent 17 years at Morgan Stanley, most recently as a Managing Director. His experience spans corporate finance, mergers and acquisitions, fixed income and capital markets. Mr. Benet is a member of the Supervisory Board of Directors for LyondellBasell Industries N.V. and a member of the boards of DAZN Group Limited and, until 2019, Clal Industries Ltd. Mr. Benet graduated summa cum laude with a B.A. in Economics from Yale University and received his M.B.A. from Harvard Business School.

Mr. Benet brings beneficial experience and attributes to our board of directors, among which is his extensive experience advising companies, in particular as the Chief Executive Officer of Access, in his role as a director of LyondellBasell Industries N.V. and in his former role as director of Clal Industries Ltd. In addition, Mr. Benet possesses experience in advising and managing publicly traded and privately held enterprises and has significant expertise with the corporate finance and strategic business planning activities that are unique to leveraged companies.

What is Lincoln E. Benet's net worth?

The estimated net worth of Lincoln E. Benet is at least $11.02 million as of February 24th, 2023. Mr. Benet owns 349,341 shares of Warner Music Group stock worth more than $11,021,709 as of April 26th. This net worth evaluation does not reflect any other assets that Mr. Benet may own. Learn More about Lincoln E. Benet's net worth.

How do I contact Lincoln E. Benet?

The corporate mailing address for Mr. Benet and other Warner Music Group executives is 1633 BROADWAY, NEW YORK NY, 10019. Warner Music Group can also be reached via phone at 212-275-2000 and via email at [email protected]. Learn More on Lincoln E. Benet's contact information.

Has Lincoln E. Benet been buying or selling shares of Warner Music Group?

Lincoln E. Benet has not been actively trading shares of Warner Music Group during the last quarter. Most recently, Lincoln E. Benet sold 30,000 shares of the business's stock in a transaction on Friday, February 24th. The shares were sold at an average price of $32.14, for a transaction totalling $964,200.00. Following the completion of the sale, the director now directly owns 349,341 shares of the company's stock, valued at $11,227,819.74. Learn More on Lincoln E. Benet's trading history.

Who are Warner Music Group's active insiders?

Warner Music Group's insider roster includes Lincoln Benet (Director), Stephen Cooper (CEO), and Max Lousada (CEO). Learn More on Warner Music Group's active insiders.

Are insiders buying or selling shares of Warner Music Group?

During the last year, insiders at the sold shares 1 times. They sold a total of 869,008 shares worth more than $28,990,106.88. The most recent insider tranaction occured on December, 5th when CEO Max Lousada sold 869,008 shares worth more than $28,990,106.88. Insiders at Warner Music Group own 73.4% of the company. Learn More about insider trades at Warner Music Group.

Information on this page was last updated on 12/5/2023.

Lincoln E. Benet Insider Trading History at Warner Music Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/24/2023Sell30,000$32.14$964,200.00349,341View SEC Filing Icon  
2/21/2023Sell20,000$32.00$640,000.00379,341View SEC Filing Icon  
11/30/2022Sell15,000$34.03$510,450.00399,341View SEC Filing Icon  
11/28/2022Sell20,000$32.32$646,400.00414,341View SEC Filing Icon  
3/30/2022Sell10,000$38.25$382,500.00View SEC Filing Icon  
3/28/2022Sell10,000$37.97$379,700.00View SEC Filing Icon  
3/4/2022Sell10,000$33.20$332,000.00View SEC Filing Icon  
3/2/2022Sell10,000$35.80$358,000.00View SEC Filing Icon  
2/28/2022Sell20,000$35.64$712,800.00View SEC Filing Icon  
See Full Table

Lincoln E. Benet Buying and Selling Activity at Warner Music Group

This chart shows Lincoln E Benet's buying and selling at Warner Music Group by year and by quarter.

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Warner Music Group Company Overview

Warner Music Group logo
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 150,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.
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Today's Range

Now: $32.29
Low: $31.43
High: $32.50

50 Day Range

MA: $33.80
Low: $31.55
High: $35.65

2 Week Range

Now: $32.29
Low: $23.62
High: $38.05

Volume

434,664 shs

Average Volume

1,447,214 shs

Market Capitalization

$16.72 billion

P/E Ratio

36.69

Dividend Yield

2.13%

Beta

1.46