SPOTLIGHTED PODCAST ALERT (YOUR ARTICLE BEGINS A FEW INCHES DOWN)...
The latest in our series reviewing information from WWE’s annual shareholders meeting announcement …
– WWE executive Stephanie McMahon’s 2015 pay was lumped together in her two roles as an on-air talent and executive position as Chief Brand Officer and member of the Board of Directors.
The total annual compensation “in all these capacities” was approximately $1,738,950.
WWE did not break down the individual aspects of her 2015 pay, like “named executive officers” Vince McMahon, Triple H, Kevin Dunn, Michelle Wilson, and George Barrios. This was likely due to Stephanie not ranking in the Top 5 executive pay or being a top-ranked executive officer.
WWE’s statement on disclosing pay for Vince, Hunter, Wilson, Barrios, and Dunn: “The following table sets forth certain information about the compensation of our Principal Executive Officer, our Chief Financial Officer, and our three next most highly compensated executive officers.”
– WWE also made an official declaration that Stephanie contributes to the Creative team and the on-air presentation despite leaving her post as Executive VP of Creative two years ago.
“Ms. McMahon writes, produces, and directs for our television programming,” WWE disclosed. “Ms. McMahon is responsible for working with WWE’s business units to support key growth initiatives and represents WWE as its global brand ambassador among key constituencies including government, advertisers, media, business partners, and investors. She is the primary spokesperson for WWE’s corporate social responsibility (CSR) initiatives.”
– WWE also disclosed that Stephanie owns 4.6 percent of McMahon Family WWE stock.
The total amount of shares is 1,904,210. The break down is:
- 54,817 shares of Class A common stock
- 1,849,393 shares of Class B common stock held in the “Stephanie McMahon Levesque Trust” that she is the beneficiary of. She also has sole investment power over the shares.
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