Live Nation names Da-Wai Hu general counsel as Michael Rowles shifts role
Live Nation Entertainment, Inc. (NYSE: LYV) said it will hire Da-Wai Hu as executive vice president, general counsel and secretary beginning Nov. 2, 2026, and amended the employment agreement of current EVP, general counsel and secretary Michael G. Rowles. Shares finished near $170.87, little changed on the day and up about 18% year to date.
In a Form 8-K filed Friday, Live Nation said the First Amendment to Rowles’ employment agreement is effective Nov. 1, 2026, and extends the agreement’s term from Dec. 31, 2027, to Dec. 31, 2029. Beginning Jan. 1, 2028, Rowles’ title will be senior legal advisor, his annual base salary will be $500,000 with no contractual bonus opportunity, and if the company terminates him without cause or he resigns for good reason, he is entitled to a lump-sum payment equal to his base salary otherwise payable from the termination date through Dec. 31, 2029, rather than under the prior termination provisions. The filing points to Exhibit 10.1 for the full amendment text.
Separately under Item 8.01, the company announced it would hire Hu for the EVP, general counsel and secretary role starting Nov. 2, 2026. The 8-K did not include a biography for Hu.
By the numbers
- Hu start as EVP, GC and secretary: Nov. 2, 2026
- Rowles amendment effective: Nov. 1, 2026
- Rowles senior legal advisor title begins: Jan. 1, 2028
- Rowles base salary under amendment: $500,000 (no contractual bonus)
- Extended employment term end: Dec. 31, 2029
Sources
- Live Nation Entertainment, Inc. Form 8-K, accession 0001335258-26-000038 (Items 5.02, 8.01, 9.01)
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Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
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