Barstool Sports CEO Erika Nardini departs WWE Board of Directors

WWE has revealed another change to its Board of Directors.

In an SEC (Securities and Exchange Commission) filing on Friday, WWE announced that Barstool Sports CEO Erika Nardini has resigned from the WWE Board of Directors. The filing also officially announced that Michelle McKenna and JoEllen Lyons Dillon have been elected to the Board.

“Concurrent with the election of Mses. Dillion and McKenna, Erika Ayers Nardini has resigned from the Board,” the filing said. “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 [WWE], its management or any matter relating to [WWE’s] operations, policies or practices.”

Nardini had been a member of the WWE Board of Directors since October 2020.

WWE issued a press release on Friday announcing the addition of McKenna and Dillon to the Board of Directors. 

McKenna has worked for Disney, Universal Studios, and the NFL and 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” and currently serves on the Board of Directors for Viatris.

The WWE Board of Directors is led by Stephanie McMahon, who became chairwoman after her father Vince McMahon retired from WWE this July amid a sexual misconduct scandal. The 11 current members of the Board of Directors are:

  • Stephanie McMahon
  • Nick Khan
  • Paul “Triple H” Levesque
  • Steve Koonin
  • Ignace Lahoud
  • Steve Pamon
  • Man Jit Singh
  • Jeffrey R. Speed
  • Alan M. Wexler
  • Michelle McKenna
  • JoEllen Lyons Dillon

WWE adds Barstool Sports CEO Erika Nardini to Board of Directors

Barstool Sports CEO Erika Nardini was named to WWE’s Board of Directors on Monday.

Since 2016, Nardini has been the company’s first CEO following after high level stints at Microsoft, Yahoo, and AOL. The sometimes controversial sports media powerhouse sold a significant stake in their company to Penn National Gaming earlier this year and launched their first online sportsbook in Pennsylvania.

Nardini, a driver in several new revenue growth areas during her tenure, also hosts a podcast called Token CEO. The company will look to utilize her experience attracting and retaining young males to the Barstool brand.

From the release: “During her tenure at Barstool Sports, Nardini has launched more than 35 brands, including breakout franchises in sports, entertainment, female lifestyle, business and sports betting. She also spearheaded the development of more than 1,500 social accounts, a top channel on SiriusXM and the #1 selling flavored vodka in North America, Pink Whitney.”

The 12-person Board includes Vince McMahon, former interim CFO Frank Riddick, Paul Levesque, Stephanie McMahon, former Sony Pictures president of home entertainment Man Jit Singh, Parkwood Entertainment chairman and CEO Steve Pamon, CNN SVP and Chief Technology Officer Robyn Peterson and others. Nardini becomes the third woman on WWE’s Board.