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New WWE regime receive salary bumps for promotions

Started by Liz, September 03, 2022, 01:04:26 PM

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Liz

In the company's latest 8-K Form filing with the United States Securities and Exchange Commission, it was revealed that WWE's newest regime in charge all got a bump in their salary after their promotions following the resignation of Vince McMahon.
Chairwoman and co-CEO Stephanie McMahon had her salary increase nearly double, going from $730,000 to $1.35 million per year plus a $750,000 guaranteed minimum as an on-screen talent.
Co-CEO Nick Khan will have a small bump from $1.2 million annually to $1.35 million.
Chief Financial Officer Frank A. Riddick III has also been promoted to President and his salary increased from $850,000 to $950,000 annually.
Paul Levesque, whose new title is now Chief Content Officer, has gone from $730,000 to $900,000 plus a $1 million guaranteed as on-screen talent.

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