WWE® Names Seth Zaslow Senior Vice President, Head of Investor Relations
January 10 2022 - 3:05PM
Business Wire
WWE Executive Michael Weitz Expands Finance
Responsibilities
WWE (NYSE: WWE) today announced the appointment of Seth Zaslow
as Senior Vice President, Head of Investor Relations. He succeeds
longtime WWE finance executive Michael Weitz in this role. In
addition to continuing to oversee financial planning and analysis,
Weitz will add responsibility for the treasury function, capital
markets and corporate development projects. Both executives will
report directly to WWE Chief Financial & Administrative Officer
Frank A. Riddick III.
Zaslow will be responsible for leading the Company’s investor
relations program. He will serve as the primary liaison between WWE
and the investment community overseeing all aspects of investor
relations programs and initiatives.
Zaslow brings over 20 years of experience in various investor
relations and finance roles. Prior to his appointment, he served as
the head of investor relations for Virgin Galactic Holdings, Inc.
and AMC Networks Inc., where he oversaw the creation of the
investor relations function for both companies. Earlier in his
career, Zaslow held various senior financial and operational roles
at Cablevision Systems Corporation and Time Warner Inc.
(predecessor to WarnerMedia).
He holds a Masters of Business Administration from Columbia
Business School and a Bachelors of Science in Accounting from
Binghamton University.
“I’m delighted to be joining the talented people at WWE. In
partnership with the executive leadership team, this position will
play an important role in driving long-term shareholder value,”
said Zaslow.
“I’m excited to have Seth join our team. He has a wealth of
investor relations, finance and media industry experience and will
be integral in communicating our strategy and investment story to
the investment community,” said Riddick.
Weitz has led the financial planning and investor relations
functions for WWE since joining the company in 2006 and supported
key strategic initiatives including the renewal of WWE’s key
content agreements, launch of WWE Network and implementation of
WWE’s share repurchase program. Prior to joining WWE, he served in
various senior positions at Time Warner Inc. and Dun &
Bradstreet.
“Working closely with Michael for many years, I have great
confidence in his abilities. He has tremendous knowledge of the
company and I look forward to him taking on these expanded
responsibilities,” said Riddick.
About WWE
WWE, a publicly traded company (NYSE: WWE), is an integrated
media organization and recognized leader in global entertainment.
The Company consists of a portfolio of businesses that create and
deliver original content 52 weeks a year to a global audience. WWE
is committed to family-friendly entertainment on its television
programming, premium live events, digital media, and publishing
platforms. WWE’s TV-PG programming can be seen in more than 900
million homes worldwide in 28 languages through world-class
distribution partners including NBCUniversal, FOX Sports, BT Sport,
Sony India, and Rogers. The award-winning WWE Network includes all
premium live events, scheduled programming and a massive
video-on-demand library and is currently available in more than 180
countries. In the United States, NBCUniversal’s streaming service,
Peacock, is the exclusive home to WWE Network.
Additional information on WWE (NYSE: WWE) can be found at
wwe.com and corporate.wwe.com.
Trademarks: All WWE programming,
talent names, images, likenesses, slogans, wrestling moves,
trademarks, logos, and copyrights are the exclusive property of WWE
and its subsidiaries. All other trademarks, logos and copyrights
are the property of their respective owners.
Forward-Looking Statements: This
press release contains forward-looking statements pursuant to the
safe harbor provisions of the Securities Litigation Reform Act of
1995, which are subject to various risks and uncertainties. These
risks and uncertainties include, without limitation, risks relating
to: the impact of the COVID-19 outbreak on our business, results of
operations and financial condition; entering, maintaining and
renewing major distribution and licensing agreements; a rapidly
evolving media landscape; WWE Network; our need to continue to
develop creative and entertaining programs and events; the
possibility of a decline in the popularity of our brand of sports
entertainment; the continued importance of key performers and the
services of Vincent K. McMahon; possible adverse changes in the
regulatory atmosphere and related private sector initiatives; the
highly competitive, rapidly changing and increasingly fragmented
nature of the markets in which we operate and greater financial
resources or marketplace presence of many of our competitors;
uncertainties associated with international markets including
possible disruptions and reputational risks; our difficulty or
inability to promote and conduct our live events and/or other
businesses if we do not comply with applicable regulations; our
dependence on our intellectual property rights, our need to protect
those rights, and the risks of our infringement of others’
intellectual property rights; the complexity of our rights
agreements across distribution mechanisms and geographical areas;
potential substantial liability in the event of accidents or
injuries occurring during our physically demanding events including
without limitation, claims alleging traumatic brain injury; large
public events as well as travel to and from such events; our
feature film business; our expansion into new or complementary
businesses and/or strategic investments; our computer systems and
online operations; privacy norms and regulations; a possible
decline in general economic conditions and disruption in financial
markets; our accounts receivable; our indebtedness including our
convertible notes; litigation; our potential failure to meet market
expectations for our financial performance, which could adversely
affect our stock; Vincent K. McMahon exercises control over our
affairs, and his interests may conflict with the holders of our
Class A common stock; a substantial number of shares are eligible
for sale by the McMahons and the sale, or the perception of
possible sales, of those shares could lower our stock price; and
the volatility of our Class A common stock. In addition, our
dividend is dependent on a number of factors, including, among
other things, our liquidity and historical and projected cash flow,
strategic plan (including alternative uses of capital), our
financial results and condition, contractual and legal restrictions
on the payment of dividends (including under our revolving credit
facility), general economic and competitive conditions and such
other factors as our Board of Directors may consider relevant.
Forward-looking statements made by the Company speak only as of the
date made and are subject to change without any obligation on the
part of the Company to update or revise them. Undue reliance should
not be placed on these statements. For more information about risks
and uncertainties associated with the Company’s business, please
refer to the “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” and “Risk Factors” sections of
the Company’s SEC filings, including, but not limited to, our
annual report on Form 10-K and quarterly reports on Form 10-Q.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220110005736/en/
Investors: Michael Weitz
203-352-8642 michael.weitz@wwecorp.com
Media: Matthew Altman 203-352-1177
matthew.altman@wwecorp.com
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