WWE weathered the storm in a big way when reports of Vince McMahon’s hush money payouts came out. Since then, Vince McMahon retired, and Stephanie McMahon stepped up in big way. Triple H also received creative control in the company, and now became the Chief Content Officer.
Triple H and other executives have also received a sizable increase in their salaries, according to a new SEC filing by the company. The filing also details that Frank A. Riddick III also got promoted to the role of WWE president. He will still carry on his duties as Chief Finance Officer.
The SEC filing listed the salary changes for the top WWE executives. Stephanie McMahon, Triple H, Nick Khan, and Riddick are getting the salary increase after WWE’s Compensation & Human Capital Committee deemed it appropriate.
Stephanie McMahon’s base annual salary of $730,000 increased to $1.35 million. Along with that, she will get the payments of $750,000 as per her booking agreement, as she also has an on-air talent deal. Triple H’s base annual salary also jumped to $900,000 from $730,000, along with a guaranteed $1.0 million in payments as per his on-air talent deal.
Nick Khan’s annual base salary of $1.2 million increased to $1.35 million. Riddick’s annual base salary also increased from $850,000 to $950,000. They will also receive sizable equity, which can fluctuate based on performance metrics and vesting periods. Both Khan and Stephanie McMahon are set to receive $3.575 million in grants, while Riddick and Triple H will receive $.2.4 million and $1.6 million respectively.
What’s your take on WWE executive raking in these amazing raises? Sound off in the comments!