Deadline.com has a new story up on top executives in a variety of media companies and how they are paid in comparison to others in the same company. The following excerpt is in reference to WWE’s Kevin Dunn, who came in third on the list:
3. World Wrestling Entertainment: Kevin Dunn. Talk about a smackdown. The company still doesn’t appear to have a distributor for the WWE Network cable channel it’s been talking about launching for more than a year. The company’s stock price declined 7.5%. And Connecticut’s Attorney General, Democrat Richard Blumenthal, defeated former WWE CEO Linda McMahon, the Republican candidate, in their contest to replace Chris Dodd in the U.S. Senate. Dunn, the EVP for Television Production, saw his salary decline 9.8% to $1.8 million ($746,154 salary, $680,400 stock awards, $351,000 cash equity, and $8,000 in other compensation). That’s just 1.5 times higher than the average for WWE’s 4 other top executives.