WWE has announced that Nick Khan, former Co-Head of Television at Creative Artists Agency (CAA), has been named President and Chief Revenue Officer, reporting directly to Vince McMahon, Chairman and CEO, WWE.
âNick 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,â said McMahon. âWhile representing WWE at CAA, he was instrumental in transforming our business model by securing domestic media rights increase of 3.6x over our previous agreements. Nickâs management style and personal demeanour are perfect for WWEâs entrepreneurial culture, and he will fit right in with our exceptional management team.â
âI 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,â said Khan. âItâs 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.â
Khan, a former practicing attorney, transitioned to International Creative Management (ICM) in 2006 where he launched their Sports Media department and represented the biggest names in sports broadcasting. In 2012, Khan moved to CAA where he became the Co-Head of the Television Department. During his tenure there, Khan continued to represent the top broadcasters while also representing WWE, the Southeastern Conference (SEC), Top Rank Boxing and others helping to negotiate billions of dollars in media deals on their behalf.
WWE, a publicly traded company (NYSE: WWE), is an integrated media organisation. The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family friendly entertainment on its television programming, pay-per-view, digital media and publishing platforms. WWEâs TV-PG, family-friendly programming can be seen in more than 800 million homes worldwide in 28 languages. The company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, London, Mexico City, Mumbai, Shanghai, Singapore, Dubai, Munich and Tokyo.