As John Skipper resigns, many wonder about the fate of ESPN, as well as what this means for its former president’s future, and finances. But there is no need to worry as John Skipper’s net worth is estimated at $20.0 million. If you want to know more about him, then take a look at his wiki below.
John Skipper’s Wiki
Born on December 19, 1955, in Lexington, North Carolina, John Skipper’s age is 62 as of today. He attended Lexington Senior High School, and graduated from UNC-Chapel Hill with a bachelor’s degree in English literature.
He continued his studies at Columbia University to attain his master’s in English Literature. From there, he started working for Rolling Stone, initially as a secretary, but later moving up the ladder. For a brief period of time, Skipper worked for Spin and Us, before becoming the senior vice president of Disney Publishing Group.
John Skipper’s Net Worth and Salary
John Skipper’s net worth is estimated at $20.0 million, and his annual salary is approximately $8.0 million. It was in June 1997 that he became the senior vice president and general manager of ESPN the Magazine. In a 1999 interview, he said, “I am humbled and excited to be given the opportunity…to lead this terrific company. George set a high bar and an impeccable example, and I will dedicate all of my energy to follow George’s lead in both empowering and supporting my 7,000 ESPN colleagues who do such great work every day.”
On January 1, 2012, Skipper was named President of ESPN Inc. and co-chairman of Disney Media Networks. As president, he was tasked with supervising eight U.S. television networks, a 3D TV network, 13 international editions of SportsCenter, five high-definition services, 48 international networks, 750 radio affiliates, and 18 websites.
President and CEO of Disney, Robert Iger said, “With George’s continued presence, John’s experience and vision, and an executive management team and workforce that are unparalleled in the sports media business, ESPN is extremely well-positioned for continued success.”
Why Did John Skipper Resign?
On Monday, December 18, 2017, Skipper revealed that, for a long time now, he was struggling with substance addiction. He also announced that he would be stepping down from his position to focus on his health and treatment. It was reported that his precursor, George Bodenheimer will serve as acting chairman in the intrim.
Skipper’s statement read, “I have struggled for many years with a substance addiction. I have decided that the most important thing I can do right now is to take care of my problem.” Adding, “I have disclosed that decision to the company, and we mutually agreed that it was appropriate that I resign. I will always appreciate the human understanding and warmth that Bob displayed here and always. I come to this public disclosure with embarrassment, trepidation and a feeling of having let others I care about down. As I deal with this issue and what it means to me and my family, I ask for appropriate privacy and a little understanding.”
Iger’s statement echoed Skippers, “I join John Skipper’s many friends and colleagues across the company in wishing him well during this challenging time. I respect his candor and support his decision to focus on his health and his family. With his departure, George Bodenheimer has agreed to serve as Acting Chair of ESPN for the next 90 days to provide interim leadership, help me identify and secure John’s Successor, and ensure a smooth transition.”
Who is John Skipper’s Wife?
John Skipper is married to Jessica H. Skipper and the couple have two sons. Their eldest, Nicholas Huntley, married Rebecca Speiser in 2014, and is in his early 30s. Their second son, Clay Raymond, was named after Redmond Barry, the lead character in 1975’s Barry Lyndon.
