Ari Emanuel, CEO of TKO Group in addition to the soon-to-be-private Endeavor, noticed a pay bundle valued at $64.9 million in 2023 as CE0 of TKO Group, the house of WWE and UFC. TKO is a comparatively new firm that began buying and selling on the New York Inventory Change final September.
Emanuel’s compensation included a $911k base wage, a money bonus of $24 million, and inventory awards valued at $40 million.
TKO chief working officer Mark Shapiro’s bundle totaled $16 million for final 12 months, in accordance with TKO’s proxy assertion filed with the SEC final 12 months. Shapiro holds the identical position at Endeavor.
TKO was created with Endeavor-owned UFC, the blended martial arts powerhouse, merged with Vince McMahon’s skilled wresting juggernaut WWE. Endeavor initially owned 51% of the brand new firm with WWE shareholders, led by Vince McMahon holding the remainder. In November, McMahon offered about one third of his stake. The professional wrestling impresario, who constructed the WWE right into a profitable international enterprise and cultural drive over greater than 4 many years, was chairman of the TKO board. He exited abruptly early this 12 months after a graphic lawsuit by a former worker accused him of intercourse trafficking and sexual assault. In April, he offered one other chunk of TKO inventory Endeavor.
TKO homes Endeavor’s most respected stay sports activities property in UFC and can keep public at the same time as mother or father Endeavor is within the technique of going non-public.
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