Ahead of its annual stockholder's meeting in May, WWE released a new SEC filing listing salary and compensation for top executives.
The following salaries are listed for 2021:
- Vince McMahon (Chairman of the Board and Chief Executive Officer): $1,400,000
- Nick Khan (President & Chief Revenue Officer): $1,200,000
- Stephanie McMahon (Chief Brand Officer): $730,000
- Triple H (EVP, Global Talent Strategy & Development): $730,000
It is noted, "In respect of 2021, we did not grant any salary increases to our named executive officers."
The following totals are listed for 2020, which includes salary, stock awards, non-equity incentive plan compensation, and other compensation:
- Vince McMahon (Chairman of the Board and Chief Executive Officer): $3,905,792
- Nick Khan (President & Chief Revenue Officer): $12,964,565 (Khan was granted a $5 million sign-on bonus. He joined the company in August 2020. He received $6,799,138 in stock awards)
- Stephanie McMahon (Chief Brand Officer): $2,187,266
- Triple H (EVP, Global Talent Strategy & Development): $2,318,280
Shane McMahon is also listed in the filing with the note, "In 2020, Shane McMahon was retained as a performer for the Company for which he received minimum guaranteed performance fees and royalties aggregating approximately $820,369."
There are also "booking agreements" listed for Triple H and Stephanie McMahon
Paul Levesque. We have a booking agreement with Mr. Levesque which currently runs until March 30, 2022, and thereafter extends for successive one-year periods unless either party gives notice of nonextension at least 90 days prior to the expiration date. Under this agreement, Mr. Levesque is entitled to a minimum guaranteed annual payment of $1 million which the Company is entitled to recoup from all payments under the agreement including pay for performing in live and televised events and royalties for merchandise sold utilizing Mr. Levesque’s name and/or likeness.
Stephanie McMahon. We have a booking agreement with Ms. McMahon which currently runs until October 6, 2021, and thereafter extends for successive one-year periods unless either party gives notice of nonextension at least 90 days prior to the expiration date. Under this agreement, Ms. McMahon is entitled to a minimum guaranteed annual payment of $750,000 which the Company is entitled to recoup from all payments under the agreement including pay for performing in live and televised events and royalties for merchandise sold including Ms. McMahon’s name and/or likeness.
You can view the entire SEC filing by clicking here.
