SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): March 14, 2008
World Wrestling Entertainment, Inc.
(Exact name of registrant as specified in its charter)
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| Delaware
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000-27639
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04-2693383 |
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(State or other
jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.) |
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| 1241 East Main Street, |
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| Stamford, CT
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06902 |
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| (Address of principal executive offices)
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(Zip Code) |
Registrant’s telephone number, including area code: (203) 352-8600
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2.):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR
240.14d-2 (b)) |
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Pre-commencement communications pursuant to Rule 13e-4 © under the Exchange Act (17 CFR
240.13e-4(c)) |
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.
On
March 17, 2008, World Wrestling Entertainment, Inc. (the “Company”) announced that George
A. Barrios, 42, will become the Company’s Chief Financial Officer. Mr. Barrios first day with the
Company will be March 24, 2008.
Frank G. Serpe, the Company’s former Chief Financial Officer, has retired as CFO after more
than 21 years of service to the Company. Mr. Serpe will remain with the Company as a Senior
Advisor.
Mr. Barrios was Vice President and Treasurer of The New York Times Company since January 2007.
Mr. Barrios joined The New York Times Company in 2002 as Chief Financial Officer of a subsidiary
which published, among other things, The Boston Globe. Prior to that, he was President and Chief
Operating Officer of Netsilicon, Inc., a publicly-held software development company, where he
helped to stabilize the business prior to its merger. From 1994 to 2000, Mr. Barrios served in
several senior capacities for Praxair, Inc., a large industrial gasses supplier.
Under the terms of his employment, Mr. Barrios will received an initial annual salary of
$500,000, and will be granted 25,000 restricted stock units which will vest in three equal annual
tranches. He will be eligible to participate in the Company’s incentive bonus program with a 2008
target bonus of 50% of base salary.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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10.21. |
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Offer letter between the Company
and George A. Barrios. |
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99.1 |
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Press Release dated March 17, 2008. |