George Barrios And Michelle Wilson Receive $1.4 Million Over 18 Months As Part Of WWE Severance
New documents reveal that former WWE Co-Presidents Michelle Wilson and George Barrios each receive $1.4 million over 18 months as part of their WWE severance package. They also receive a $176k bonus, plus health, life and accident insurance over the 18 month period as well.
The documents come courtesy of Wrestlenomics Radio.
Barrios and Wilson were fired by WWE on Jan. 30 as part of a management shake-up after 10+ years of service. Vince McMahon said at the time, “I am grateful for all that was accomplished during their tenure, but the Board and I decided a change was necessary as we have different views on how best to achieve our strategic priorities moving forward.”
The severance package for former co-presidents George Barrios and Michelle Wilson.
Each get $1.4mm, $176k bonus, plus health, life and accident insurance over 18 months. pic.twitter.com/phNHQ6cbDu
— Wrestlenomics (@wrestlenomics) March 10, 2020
WWE has yet to hire a new President since letting go Barrios and Wilson. Frank A. Riddick III is currently serving as interim Chief Financial Officer.
The document also notes that Triple H made $2.01 million in compensation relating to performance in 2019. His executive salary is listed at $706,019. The document also lists Triple H as Executive Vice President of Global Talent Strategy and Development. His previous title was Executive Vice President, Talent, Live Events & Creative.
You can find highlights from the document by clicking here.
