Ari Emanuel, the CEO of TKO Group Holdings, took home a hefty compensation package valued at nearly $65 million last year. This package included a $911,538 salary, a $24 million bonus, and $40 million in stock awards, according to TKO’s 2023 proxy filing. The merger of UFC and WWE under TKO’s umbrella has created a live sports powerhouse, making it a significant player in the industry.
Other top executives at TKO also received generous compensation packages, with President and COO Mark Shapiro earning $16.1 million and CFO Andrew Schleimer taking home $8.8 million. WWE president Nick Khan, who is also a board member of the company, earned $32 million in compensation.
TKO’s recent deal with Netflix for Raw, worth $5 billion over 10 years, and the addition of Dwayne Johnson to its board of directors have further solidified its position in the market. However, the company faced a setback when chairman Vince McMahon resigned from the board following a sex trafficking lawsuit against him.
Despite this, TKO remains a key player in the live sports and entertainment industry. With Endeavor’s core holding company set to go private in a $13 billion deal with Silver Lake, TKO will soon be the only exposure to the public markets for the company. The future looks bright for TKO Group Holdings as it continues to make strategic moves in the industry.