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World Wrestling Chief Financial Officer Resigns

World Wrestling Chief Financial Officer Resigns

by Rick Turoczy on January 7, 2005

World Wrestling Entertainment said on Thursday that Philip Livingston resigned as chief financial officer and from his membership of the board of directors.

Frank Serpe, senior vice president, finance, will serve as acting CFO while WWE searches for a new CFO, the Stamford, Connecticut-based entertainment company said.

It gave no reason for Livingston’s departure, but Chief Executive Officer Linda McMahon praised is role in improving investor relations and accounting and planning systems.

She said his expertise in corporate governance and Sarbanes-Oxley regulations helped prepare the company for its SOX 404 compliance.

World Wrestling Chief Financial Officer Resigns

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