In an SEC filing announcing Michelle McKenna and JoEllen Lyons Dillon election to the Board of Directors, WWE also revealed that Barstool Sports CEO Erika Nardini has resigned from the Board.
The filing said:
"Concurrent with the election of Mses. Dillion and McKenna, Erika Ayers Nardini has resigned from the Board. With the recent acquisition of Barstool Sports by Penn Entertainment, Ms. Ayers Nardini’s time will be focused on the next chapter of this business and partnership. Ms. Ayers Nardini’s decision to resign from the Board was not due to any dispute or disagreement with the Company, its management or any matter relating to the Company’s operations, policies or practices."
The WWE Board of Directors has a couple of new members.
WWE issued a press release on Friday announcing that Michelle McKenna and JoEllen Lyons Dillon have been named to the company's Board of Directors. The Board of Directors now consists of 11 members.
McKenna has experience working for Disney, Universal Studios, and the NFL. McKenna also currently serves on the Board of Directors for Ring Central.
Dillon "has 30 years of combined public company experience in global business, M&A and legal." She currently serves on the Board of Directors for Viatris.
WWE wrote about McKenna and Dillon:
McKenna spent more than two decades as a senior leader at Disney, Universal Studios and the NFL, working across technology, digital strategy and finance. From 2012 to 2022, McKenna served as Chief Information Officer for the NFL, where she was responsible for the league’s technology strategy and served as the executive sponsor of the Women’s Interactive Group. She serves on the Board of Directors of Ring Central, where she is a member of the audit, compensation and nominating & governance committees. McKenna previously served on the Board of Directors of Insperity from 2015 to 2018.
Dillon has 30 years of combined public company experience in global business, M&A and legal. Dillon has served on the Viatris Board of Directors since November 2020, when Pfizer’s Upjohn division combined with Mylan to form Viatris, a global healthcare and pharmaceutical company. She is a member of the Viatris Board’s executive, audit and compliance committees, and is chair of its governance & nominating committee. She previously served on the Board of Mylan from 2014 to 2020.
From 2013 to 2017, Dillon was an executive officer in various roles including Executive Vice President, Chief Legal Officer and Corporate Secretary of The ExOne Company, a global provider of 3D printing machines and services. Prior to her Board and executive roles, Dillon spent nearly 25 years practicing law with an extensive background in M&A and securities for public and private companies in a variety of complex matters.
Stephanie McMahon was named WWE's new chairwoman following the retirement of her father Vince McMahon this July. At the time of Vince's retirement, the Board of Directors was investigating Vince's sexual misconduct scandal.
Friday's press release included a quote from Stephanie about McKenna and Dillon joining the Board of Directors.
“Michelle and JoEllen bring to WWE’s Board of Directors incredible experience across key areas that we believe will benefit our organization,” Stephanie said.
Vince McMahon departed the Board of Directors when he retired from WWE. Former ESPN executive Connor Schell also resigned from the WWE Board of Directors in July. Schell resigned "due to an increased slate of responsibilities resulting from his new, expanded role at the newly formed The North Road Company, a global, multi-genre content studio."
The current members of the WWE Board of Directors are:
- Stephanie McMahon
- Nick Khan
- Paul "Triple H" Levesque
- Steve Koonin (Chief Executive Officer, Atlanta Hawks & State Farm Arena)
- Ignace Lahoud (Chief Executive Officer of Majid Al Futtaim - Leisure, Entertainment & Cinemas)
- Steve Pamon (President, Verzuz)
- Man Jit Singh (Former President of Home Entertainment, Sony Pictures Entertainment)
- Jeffrey R. Speed (Former Executive Vice President and Chief Financial Officer, Six Flags, Inc.)
- Alan M. Wexler (Senior Vice President of Innovations and Growth, General Motors)
- Michelle McKenna
- JoEllen Lyons Dillon