According to a new SEC filing this week, several familiar names in the WWE executive suite saw significant raises come their way. In the case of Triple H, it also came with a new title.
Several top WWE executives including Stephanie McMahon, Nick Khan, and Triple H have received raises, and Triple H is now the Chief Content Officer of the company.
According to a report from Brandon Thurston, WWE issued a new SEC filing this week that announced raises for McMahon, Khan, Triple H and CFO (and now President) Frank Riddick, while also noting that Triple H’s title is now CCO.
The filing revealed the executives’ annual base salaries have been raised as follows:
Stephanie McMahon: From $730,000 to $1.35 million
Nick Khan: From $1.2 million to $1.35 million
Frank Riddick: From $850,000 to $950,000
Triple H: From $730,000 to $900,000
Stephanie and Triple H also get guarantees of $750,000 and $1.0 million respectively for compensation in terms of the booking agreement that applies to their use as on-air talents.
Stephanie McMahon: From $730,000 to $1.35 million
Nick Khan: From $1.2 million to $1.35 million
Frank Riddick: From $850,000 to $950,000
Triple H: From $730,000 to $900,000
The four will also receive equity grants starting in 2023 in the form of WWE shares valued as such:
Stephanie McMahon: $3.575 million
Nick Khan: $3.575 million
Frank Riddick: $2.4 million
Paul Levesque: $1.6 million
McMahon will also receive a single-instance special equity grant of shares around October 3rd worth $10 million that will vest on September 30, 2025, while Triple H will get a similar equity grant at the same time worth $8 million. Khan and Riddick already have equity grants as part of their employment agreements.
Finally, the company has been establishing some protections that incentivize the executives to remain with WWE should the company experience a change in control (including a sale to another company), though they will also have the opportunity to terminate their agreements under certain conditions which include their base salary being reduced or a change in their title or duties.
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