Endeavor Group Holdings CEO Ari Emanuel, whose bonus-laden $308 million pay package deal turned heads in 2021, made $19.1 million in 2022, in response to the corporate’s newest proxy submitting.
The exec took dwelling $4 million in wage, $8.2 million within the type of a bonus and $6 million in non-equity incentive compensation, the submitting mentioned.
Emanuel’s tally narrowly eclipsed that of CFO Jason Lublin, President and COO Mark Shapiro, with Lublin accumulating $18.5 million and Shapiro $18.7 million.
Executive Chairman Patrick Whitesell, whose 2021 package deal reached $123.1 million, took dwelling $12.2 million final yr.
After calling off a deliberate IPO on the eleventh hour in 2019, Endeavor lastly went public in April 2021, on the identical time it gained full possession of the UFC. The providing introduced vital paydays for the complete senior administration staff. The guardian firm of businesses WME and IMG has branched out properly past its roots in illustration and earlier this month teamed up with the WWE to create a brand new public entity it valued at $21 billion, with Endeavor controlling 51% and WWE 49%. Endeavor’s portfolio spans dwell occasions, knowledge, gaming, vogue, expertise and sports activities.
While Endeavor’s inventory has gained greater than 20% in 2023 up to now, it trades under the extent the place it went public. The easing of Covid in 2022 helped stimulate the corporate’s leisure and sports activities holdings, however final yr additionally introduced turbulent financial situations and a souring advert market, with most media and tech shares taking a success.
Endeavor will report its first-quarter monetary outcomes on May 9 and convene its annual shareholder assembly on June 13.
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