The WWE has confirmed that Kristina Salen, its chief financial officer, is leaving after 15 months on the job. Frank Riddick III, a board member since 2008, will replace her and serve as chief financial and administrative officer.
Riddick will oversee financial planning & analysis, strategy, controllership, investor relations, tax, data analytics, technology, event travel and facilities.
“I’ve had the great fortune of working with Vince McMahon and the talented people at WWE for over a decade and it’s an honor to join them on a full-time basis,” said Riddick.
“Working closely with Frank for many years, we have great confidence in his ability to execute our company’s strategy to increase revenues and drive shareholder value by engaging our global fanbase with phenomenal content,” said Chairman & CEO Vince McMahon. “I want to thank Kristina for her contributions to WWE and wish her well in her future pursuits.”
“I started at WWE during the global pandemic and I am proud of what I accomplished with Vince’s leadership and the tremendous team,” said Salen. “We returned to live event touring, exceeded expectations, raised guidance for the year, and have laid a strong foundation for the future. I look forward to WWE’s continued success.”