Kevin Dunn Sells Over $10 Million In WWE Stock

WWE VP preparing for life after wrestling?

by Andy H Murray
Kevin Dunn
WWE Network

WWE Executive Vice President of Television Production Kevin Dunn has cashed out on well over $10,000,000 worth of WWE stock since July, according to data provided by Fairfield Current.

Dunn, who currently sits on the company's board of directors, sold 100,000 shares at an average price of $79.18 on 30 July (a total of $7.918m). He followed this up with another transaction of 25,000 shares at $86.87 per unit on 6 September, meaning he has pocketed a total of $10,089,750.00 from these transactions.

This has naturally led to fanciful speculation that the much-maligned producer is readying an exit plan. In all likelihood, Dunn is merely capitalising on WWE's soaring share value. Prices have typically sat somewhere between $15-20 for the past few years, but the company's recent financial successes have seen them soar as high as $91.73 in 2018, allowing Dunn and his fellow executives to score massive paydays without ceding too much control.

Advertisement

First hired by WWE in 1984, Dunn is now one of the most powerful figures in the company, and a seemingly untouchable figure under Vince McMahon. Whether that changes when the Chairman eventually steps aside remains to be seen, but don't expect him to leave anytime soon.

Channel Manager
Channel Manager

Andy has been with WhatCulture for six years and is currently WhatCulture's Senior Wrestling Reporter. A writer, presenter, and editor with 10+ years of experience in online media, he has been a sponge for all wrestling knowledge since playing an old Royal Rumble 1992 VHS to ruin in his childhood. Having previously worked for Bleacher Report, Andy specialises in short and long-form writing, video presenting, voiceover acting, and editing, all characterised by expert wrestling knowledge and commentary. Andy is as much a fan of 1985 Jim Crockett Promotions as he is present-day AEW and WWE - just don't make him choose between the two.