WWE® Names Sarah Cummins Senior Vice President, Consumer Products
January 07 2019 - 9:00AM
Business Wire
WWE (NYSE: WWE) today announced the appointment of Sarah Cummins
as Senior Vice President, Consumer Products. Cummins will be
responsible for overseeing the implementation of WWE’s global
consumer products business, including licensing, e-commerce, venue
sales, home entertainment and publishing. She will report directly
to WWE Chief Marketing & Communications Officer Brian
Flinn.
Cummins brings more than 25 years of marketing, licensing, media
and business development experience to WWE. Prior to joining WWE,
Cummins was Head of Business Development & Strategic
Partnerships at New York Road Runners, Inc., where she led the
organization’s sponsorship, media distribution and licensing
efforts. She also spent more than 15 years at the United States
Tennis Association (USTA), most recently as Managing Director,
where she oversaw retail development and operations for the US Open
Tennis Championships.
Additionally, Cummins was Vice President, Licensing & Custom
Sales at Vineyard Vines where she managed more than 250 collegiate,
NFL, MLB and NHL licenses, and delivered the company’s first
worldwide sponsorship, licensing and retail rights with the
Kentucky Derby. She also has experience working with luxury brands
as founder of Cashmere Ventures, a boutique agency.
Cummins was named a 2017 “Game Changer” by SportsBusiness
Journal. She earned a Bachelor of Arts degree, cum laude, from
Boston College.
WWE is a $1 billion global brand at retail annually and its
worldwide licensing program builds partnerships with companies
around the world to create products featuring the company’s marks
and logos, copyrighted works and characters in diverse categories,
including: toys, video games, apparel, housewares, collectibles,
sporting goods, books and more.
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, pay-per-view, digital media and publishing platforms.
WWE’s TV-PG, family-friendly programming can be seen in more than
800 million homes worldwide in 25 languages. WWE Network, the
first-ever 24/7 over-the-top premium network that includes all live
pay-per-views, scheduled programming and a massive video-on-demand
library, is currently available in more than 180 countries. The
Company is headquartered in Stamford, Conn., with offices in New
York, Los Angeles, London, Mexico City, Mumbai, Shanghai,
Singapore, Dubai, Munich and Tokyo.
Additional information on WWE (NYSE: WWE) can be found at
wwe.com and corporate.wwe.com. For information on our global
activities, go to http://www.wwe.com/worldwide/
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: entering,
maintaining and renewing major distribution agreements; WWE Network
(including the risk that we are unable to attract, retain and renew
subscribers); 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; 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 relating to
CTE; 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; 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 relatively small public
“float” 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/20190107005046/en/
Media:Matthew
AltmanWWE203-352-1177Matthew.Altman@wwecorp.comInvestors:Michael
Weitz203-352-8642Michael.Weitz@wwecorp.com
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