Vince McMahon new salary: WWE Chairman receives pay rise

Vince McMahon’s new salary has been revealed, with the WWE Chairman receiving a pay rise for 2022.

In a new SEC filing, it was revealed that Vince McMahon’s base salary for 2022 has been set at $2 million, which is an increase from last year.

For context, the 2021 proxy statement noted that the 76-year-old’s annual salary was $1.4 million, so he’s going to be at least $600,000 better off this year.

Vince McMahon wasn’t the only top executive to get a pay rise for 2022 too, as the company’s President Nick Khan is also set to pocket more money.

The SEC filing notes that while Khan’s base salary remains the same, at $1.2 million, his sign-on equity has increased from last year.

The filing says that Khan’s sign-on equity, which was previously disclosed at $9 million, has increased by $7.5 million for this year.

Below is an exert of the filing, noting the changes in pay for Khan and McMahon:

In connection with its annual review of executive compensation, the Company’s Compensation and Human Capital Committee approved certain changes (with the approval of all independent directors in the case of Mr. McMahon’s compensation), as described below.

The salary of Mr. Vincent McMahon, our Chairman and Chief Executive Officer, was set at an annual rate of $2 million. For calendar 2022 his target management incentive plan bonus was set at 250% of his salary and his grant of performance stock units has a target value of $11 million.

The salary of Mr. Nick Khan, our President and Chief Revenue Officer, was set at an annual rate of $1.2 million. For calendar 2022 his target management incentive plan bonus was set at 158% of his salary and his grant of performance stock units has a target value of $3.575 million. In addition, the second