-

WWE extends deal for three of their top executives

The latest WWE 8-K filings with the Securities and Exchange Commission reveal that the company has entered into a new agreement with three of their most powerful executives, Michelle D. Wilson, Chief Revenue & Marketing Officer, George A. Barrios, Chief Strategy & Financial Officer, and Kevin Dunn, Executive Producer & Chief, Global Television Production.

The new deals provide for special grants of 174,095 performance share units – at $14.36 per share – and will be based depending on the Company’s performance during 2015 and every year after till 2018. Each executive can earn between 18% of that and up to 200%, based on their performance and targets reached.

The new deal also has a 12 month no compete clause where none of them can work for another professional wrestling company within the United States of America or in other countries in which WWE delivers television programming or other audio video materials or performs live events.

The no compete clause also extends to developing or assisting in developing any sports and/or entertainment programming or live events with anyone engaged in a competitive activity.

The full filing is at http://ir.corporate.wwe.com/Cache/c28349485.html.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

Goldberg starts in-ring training for his WWE retirement match

In a post on his social media, WWE Hall of Famer Bill Goldberg revealed that he has started his...

John Cena with new skin care campaign, reveals past skin cancer diagnosis

WWE Superstar John Cena has teamed up with Neutrogena to be the face of their new "Sunscreen You Can't...

WWE Superstars to take over Clash of Clans video game heading into WrestleMania 41

WWE and Supercell’s popular mobile game Clash of Clans, which has amassed more than two billion lifetime downloads, today...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading