Ex-WWE Chief Financial Officer gets a year salary and benefits as part of termination

Nov 27, 2021 - by Colin Vassallo

In a filing with the United States Securities and Exchange Commission it was revealed that WWE will be paying its former Chief Financial Officer Kristina Salen for another year after the two sides negotiated a separation agreement.

In the agreement, Salen will receive a continuation of base salary and health insurance coverage for a period of twelve months and will also receive in cash a total of $413,000 for certain forfeited restricted stock units.

The separation agreement contains other standard provisions, including maintaining Salen’s intellectual property, confidentiality and non-solicitation obligations.

The agreement suggests that it was WWE who opted to replace Salen in her role and it wasn’t her who wanted to leave the company after just a year in her position.

4 Responses

  1. Taxx W. Hoodchicken says:

    Best thing they could’ve done for her, she don’t realize she been blessed yet

  2. art123guy says:

    WWE marks: “Well, I’m sure we’ll see her in AEW soon.”

    On a side note: I wonder if she has a 90 day no compete clause?

  3. What? says:

    I get that severance packages are a thing, but this is a pretty bad look after all the “cost cutting” they just did.

  4. Joseph says:

    She no doubt had a termination clause in her contract that guaranteed her the money if they terminated her.

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