Posted on 5/13/123 by Colin Vassallo
In new filings with the United States
Securities and Exchange Commission, WWE
revealed what sum its top executives
will receive as a compensation once the
Endeavor takeover is complete.
Chief Human Resources Officer Suzette
Ramirez-Carr will get a cool $3,356,150.
WWE Executive Chairman Vince McMahon,
who will be the new Chairman of the
Board of the new merged WWE/UFC company,
will receive $16,027,770.
Chief Financial Officer Frank Riddick
III is one of four individuals who will
get a larger sum than Vince McMahon and
will get $20,117,225.
Chief Content Officer Paul “Triple H”
Levesque will get an additional
$25,625,995 in his bank account.
Levesque will continue in his role
following the merger.
Chief Global Television Production and
Executive Producer Kevin Dunn will
receive $31,880,058 and hopefully less
camera shakes moving forward.
The biggest winner by far is Chief
Executive Officer Nick Khan. Khan will
get a whopping $72,023,451 once the
merger is complete. Khan will be WWE
President once the Endeavor move is done
as Ari Emanuel will serve as CEO.
Stephanie McMahon, the former co-CEO and
Chairwoman who quit the company and
resigned from her board position
following her father’s return, will get
absolutely nothing.
The SEC filing states that McMahon “is
not a current employee of WWE. She does
not hold any outstanding WWE equity
awards and is no longer party to
arrangements pursuant to which she could
receive cash or severance payments and
benefits in connection with the
Transactions, including the merger.”
If any of the executives mentioned are
terminated, Vince McMahon and Nick Khan
will receive 2x the base salary,
Levesque and Riddick will get 1.5x of
the base of their salary, and Ramirez-
Carr will receive 1x of the base salary.
Dunn is entitled to receive 12 months of
base salary continuation.