Endeavor Group Holdings CEO Ari Emanuel, whose bonus-laden $308 million pay package turned heads in 2021, made $19.1 million in 2022, according to the company’s latest proxy filing.
The exec took home $4 million in salary, $8.2 million in the form of a bonus and $6 million in non-equity incentive compensation, the filing said.
Emanuel’s tally narrowly eclipsed that of CFO Jason Lublin, President and COO Mark Shapiro, with Lublin collecting $18.5 million and Shapiro $18.7 million.
Related Story
Vince McMahon Says "I've Made Mistakes" But "Owned Up To Every Single One" As WWE And UFC Finalize Merger
Executive Chairman Patrick Whitesell, whose 2021 package reached $123.1 million, took home $12.2 million last year.
After calling off a planned IPO at the 11th hour in 2019, Endeavor finally went public in April 2021, at the same time it gained full ownership of the UFC. The offering brought significant paydays for the entire senior management team. The parent company of agencies WME and IMG has branched out well beyond its roots in representation and earlier this month teamed up with the WWE to create a new public entity it valued at $21 billion, with Endeavor controlling 51% and WWE 49%. Endeavor’s portfolio spans live events, data, gaming, fashion, technology and sports.
While Endeavor’s stock has gained more than 20% in 2023 to date, it trades below the level where it went public. The easing of Covid in 2022 helped stimulate the company’s entertainment and sports holdings, but last year also brought turbulent economic conditions and a souring ad market, with most media and tech stocks taking a hit.
Endeavor will report its first-quarter financial results on May 9 and convene its annual shareholder meeting on June 13.
Must Read Stories
New Regency Adapting Cormac McCarthy’s ‘Blood Meridian’ Into Feature; John Hillcoat Directing
Fox Orders ‘Rescue: Hi-Surf’ Lifeguard Drama Series From John Wells & Matt Kester
Ex-NBCU CEO Forfeits $43M In 2022 Pay After Being Fired For Cause
IATSE Chief Says Members Have “Legal Right” To Honor Picket Lines; Writers Counter AMPTP Offer
Read More About:
Source: Read Full Article