NICK KHAN, the powerful CAA agent, is leaving the agency to take a senior role at WWE. CAA’s former co-head of television has been named President & Chief Revenue Officer of WWE, reporting directly to Chair & CEO VINCE MCMAHON. Khan, who is moving to the Connecticut area, replaces WWE’s former co-Presidents GEORGE BARRIOS and MICHELLE WILSON, who left the company in January. Khan joins the WWE at a time when its business is challenged: Ratings are soft and the pandemic restrictions have brought its live events business to a standstill. In a phone interview, Khan did not talk about specific plans he has for the job. He said, “We all have a lot of ideas in our head. It might be a little premature to share them in terms of when we are going to execute those.”
LEAVING A SUCCESSFUL ROLE: Khan joined CAA in '12 and quickly became one of the most powerful talent agents in the business, representing on-air personalities like KIRK HERBSTREIT, COLIN COWHERD, MIKE GREENBERG and JALEN ROSE. CAA agents MATT KRAMER and TOM YOUNG will take on new roles as co-heads of the agency’s sports broadcasting division. In his CAA role, Khan also represented organizations like WWE, SEC and Top Rank Boxing in their media-rights deals. It was his work in securing WWE’s most recent deals with Fox and USA Network that opened McMahon’s eyes to the possibility of hiring Khan. “While representing WWE at CAA, he was instrumental in transforming our business model by securing domestic media rights increases of 3.6x over our previous agreements,” McMahon said in a prepared statement.
NOT ONLY MOVE: WWE today also announced Etsy CFO KRISTINA SALEN is joining the organization in the same role. Salen was the first person to hold the CFO title for Etsy and oversaw its IPO offering in '15.
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