WWE Names New President, Chief Revenue Officer

STAMFORD, CT — WWE has named a "seasoned media executive" as the company's new president and chief revenue officer.

In a statement, the company announced the appointment of Nick Khan, a former co-head of television at Creative Artists Agency (CAA). Khan will report directly to WWE chairman and CEO Vince McMahon. (To sign up for Stamford breaking news alerts and more, click here.)

"Nick is a seasoned media executive with a deep understanding of our business and a proven track record of generating significant value for sports and entertainment properties," McMahon said in a statement. "While representing WWE at CAA, he was instrumental in transforming our business model by securing domestic media rights increases of 3.6x over our previous agreements. Nick's management style and personal demeanor are perfect for WWE's entrepreneurial culture, and he will fit right in with our exceptional management team."

Khan, a former practicing attorney, transitioned to International Creative Management in 2006, where he launched their sports media department and represented some big names in sports broadcasting.

Khan moved to CAA in 2012 and became the co-head of the company's television department. During his time with CAA, Khan represented WWE, as well as the Southeastern Conference, Top Rank Boxing and others, helping to negotiate billions of dollars in media deals on their behalf.

"I am very much looking forward to expanding my relationship with Vince McMahon and the entire team at WWE, and becoming a full-time member of the WWE family," Khan said in a statement. "It's rare to have an opportunity to work at a company that is not only legendary in what it has already accomplished, but also uniquely poised to enter into an unprecedented phase of growth and expansion across all lines of business. Our collective industry experience will enable us to extract maximum value across the portfolio globally while driving long-term shareholder value."

Last month, the WWE announced Kristina Salen, a former chief financial officer at Etsy, has been named the company's new CFO. According to a statement from the company, she will also report directly to McMahon and was scheduled to start the position Monday.

Additional information can be found at wwe.com.