LionDen
08-11-2023, 12:42 AM
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New documents filed with the United States Securities and Exchange Commission on Thursday have revealed 10 of the 11 board members for TKO Group Holdings, the company to be created through the WWE-UFC merger.
Six of the new company's board will be selected by Endeavor and the remaining five by WWE. Today's filing listed the following names, along with their ages, as those confirmed:
- Vincent K. McMahon (WWE), 77
- Ariel Emmanuel (Endeavor), 62
- Egon P. Durban (Endeavor), 49
- Nick Khan (WWE), 48
- Steven R. Koonin (WWE), 66
- Jonathan A. Kraft (Endeavor), 59
- Sonya E. Medina (Endeavor), 47
- Mark Shapiro (Endeavor), 53
- Nancy R. Tellem (WWE), 70
- Carrie Wheeler (Endeavor), 51
The remaining board member to be confirmed will be selected by WWE. Your eyes are not deceiving you - Paul Levesque is NOT on the Board for the new entity. Dana White of UFC is also not listed for the new Board.
From today's filing:
"Under the terms of the transaction agreement, upon the completion of the Transactions, the New PubCo Board will consist of 11 members who will be determined prior to the Closing, five of whom will be selected by WWE, of whom (x) two will be members of the WWE management team (one of whom will be Mr. McMahon) and (y) three will be independent, and six of whom will be selected by Endeavor, of whom (x) three will be members of the Endeavor management team or Endeavor directors (one of whom will be Mr. Emanuel) and (y) three will be independent."
Durban is the co-CEO of global technological investment firm Silver Lake and serves on the board for Endeavor Group Holdings.
Koonin has been the CEO of the Atlanta Hawks and State Farm Arena since 2014. He's also a former president of TBS.
Kraft is the president of the New England Patriots and the Kraft family holding company, The Kraft Group. He's the son of Patriots owner Robert Kraft.
Medina is the president and CEO of Reach Resilience and a co-founder of Greenlight Growth Capital, LLC.
Tellem is the executive chairperson and chief media officer of media company Eko and a former president of Xbox Entertainment Studios.
Wheeler is CEO of Opendoor Technologies Inc. and has served on the board of directors of numerous companies.
Khan currently serves as CEO of WWE and has been with the company since August 2020. McMahon was named executive chairman of WWE in January after a brief sabbatical from the company. Shapiro has been president of Endeavor since December 2018. Emanuel founded the company in 1995 and currently serves as its CEO.
New documents filed with the United States Securities and Exchange Commission on Thursday have revealed 10 of the 11 board members for TKO Group Holdings, the company to be created through the WWE-UFC merger.
Six of the new company's board will be selected by Endeavor and the remaining five by WWE. Today's filing listed the following names, along with their ages, as those confirmed:
- Vincent K. McMahon (WWE), 77
- Ariel Emmanuel (Endeavor), 62
- Egon P. Durban (Endeavor), 49
- Nick Khan (WWE), 48
- Steven R. Koonin (WWE), 66
- Jonathan A. Kraft (Endeavor), 59
- Sonya E. Medina (Endeavor), 47
- Mark Shapiro (Endeavor), 53
- Nancy R. Tellem (WWE), 70
- Carrie Wheeler (Endeavor), 51
The remaining board member to be confirmed will be selected by WWE. Your eyes are not deceiving you - Paul Levesque is NOT on the Board for the new entity. Dana White of UFC is also not listed for the new Board.
From today's filing:
"Under the terms of the transaction agreement, upon the completion of the Transactions, the New PubCo Board will consist of 11 members who will be determined prior to the Closing, five of whom will be selected by WWE, of whom (x) two will be members of the WWE management team (one of whom will be Mr. McMahon) and (y) three will be independent, and six of whom will be selected by Endeavor, of whom (x) three will be members of the Endeavor management team or Endeavor directors (one of whom will be Mr. Emanuel) and (y) three will be independent."
Durban is the co-CEO of global technological investment firm Silver Lake and serves on the board for Endeavor Group Holdings.
Koonin has been the CEO of the Atlanta Hawks and State Farm Arena since 2014. He's also a former president of TBS.
Kraft is the president of the New England Patriots and the Kraft family holding company, The Kraft Group. He's the son of Patriots owner Robert Kraft.
Medina is the president and CEO of Reach Resilience and a co-founder of Greenlight Growth Capital, LLC.
Tellem is the executive chairperson and chief media officer of media company Eko and a former president of Xbox Entertainment Studios.
Wheeler is CEO of Opendoor Technologies Inc. and has served on the board of directors of numerous companies.
Khan currently serves as CEO of WWE and has been with the company since August 2020. McMahon was named executive chairman of WWE in January after a brief sabbatical from the company. Shapiro has been president of Endeavor since December 2018. Emanuel founded the company in 1995 and currently serves as its CEO.