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Endeavor Officially Announces Pay Cuts as Ari Emanuel and Patrick Whitesell Forgo Salaries

Ari Emanuel Patrick Whitesell Mark Shapiro salaries and

07.07.2020 - 07:45

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variety.com

variety.com:

Endeavor has officially begun rolling out pay cuts as it grapples with the economic impact of the coronavirus pandemic across the industry.

Endeavor heads Ari Emanuel and chairman Patrick Whitesell are forgoing their salaries, with president Mark Shapiro cutting his in half.

The pay reductions will proportionately increase according to base salary, from 5% to 30%. The adjustments will be reflected in the next paycheck.

Other agencies that have implemented similar cuts include UTA and Verve, with Paradigm and APA having furloughed certain employees for the foreseeable future.

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