WWE Salary For New Chief Financial Officer, Stock Benefits

As previously reported, WWE today announced the hiring of Kristina Salen as Chief Financial Officer. Salen will be reporting directly to WWE Chairman & CEO Vince McMahon starting on August 3, 2020.

In Salen's offer letter, WWE stated that Salen will receive an annual base salary of $730,000, payable bi-weekly. She is also eligible to earn annual cash incentive awards under the company's management incentive plan. Her annual target incentive award will be 50% of her base salary.

Salen will also receive $500,000 of the company's Class A common stock.

Salen will be replacing Frank A. Riddick III, who had been filling the position of interim Chief Financial Officer since January 30th 2020 while the company searched for a permanent CFO following the departures of Co-Presidents George Barrios and Michelle Wilson. The company is also planning to appoint a permanent Chief Revenue Officer.

Riddick will continue to serve on the Company's board of directors.