On February 9, 2007, World Wrestling Entertainment, Inc. (the “Company”) announced that Michael Sileck, Chief Financial Officer of the Company, has assumed the new title of Chief Operating Officer. In recognition of his added responsibilities, Mr. Sileck’s annual base salary will be increased to $625,000, and Mr. Sileck will receive a grant of 50,000 restricted stock units. Frank Serpe, Senior Vice President, Finance and Chief Accounting Officer of the Company, will serve as the Company’s acting Chief Financial Officer. In this capacity, Mr. Serpe will receive an annual base salary of $325,000. Mr. Serpe also will receive a grant of 15,000 restricted stock units. A copy of the press release issued by the Company on February 9, 2007 is filed as Exhibit 99.1 to this Current Report and is incorporated herein by reference.
Smackdown on 1/26 drew 177,000 viewers in Canada (or about a 2.2 rating), and for the week, ECW did 126,000 Canadian viewers (or a 0.8 rating), reports The Wrestling Observer Newsletter.
Dave Meltzer is reporting that WWE is trying to secure deals with Mexican regulars Shocker, Perro Aguayo Jr., and Mistico. Dusty Rhodes has pushed for Shocker, whom he worked with in TNA. Another plus for Shocker is that he is from California, and can speak English. The Smackdown audience is heavily Hispanic. On an interesting side note, CMLL is putting together a Mistico vs. Aguayo Jr. mask vs. hair match next month to combat WWE’s shows in the country next month.
