Former Etsy CFO joins WWE in same role

Frank Riddick has been serving as WWE’s interim Chief Financial Officer since February, when Co-Presidents George Barrios and Michelle Wilson were fired.

The company today announced a full-time replacement.

Here’s their press release on the hiring of Kristina Salen:

STAMFORD, Conn. – July 7, 2020 – WWE (NYSE: WWE) today announced the appointment of Kristina Salen as Chief Financial Officer reporting directly to WWE Chairman & CEO Vince McMahon, effective August 3, 2020.

Salen served as the first CFO of Etsy, where she grew the business from $895 million in gross sales to $3 billion in four years, led and executed the company’s IPO offering, and built and managed its Business Development, Strategic Planning, Investor Relations, Accounting, Tax and Data Analytics functions.

Salen also held CFO/COO roles with Moda Operandi and Translation Enterprises/United Masters, and managed global media and telecom funds with Fidelity Investments. Earlier in her career, she served in financial analyst positions with Oppenheimer Capital, Merrill Lynch Investment Managers and Lazard Freres & Co. She sits on the Board of Directors and Audit Committee for both SiriusXM and Cornerstone OnDemand.

Wall Street was unmoved by the news. WWE stock price was down roughly 3% on the day, slightly more than the also-down Dow Jones Industrial Average and S&P 500.