WWE Seeking New Co-Presidents After Major Management Transition

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WWE announced on Thursday that the company has parted ways with Co-Presidents George Barrios and Michelle Wilson.

Filling in as interim Chief Financial Officer will be Frank A. Riddick III, who has served on the WWE Board of Directors for over a decade. WWE is actively seeking a permanent Chief Financial Officer and Chief Revenue Officer.

Vince McMahon issued the following on the management shakeup:

“I would like to thank George and Michelle for their 10+ years of service and contributions to the organization,” said McMahon. “I am grateful for all that was accomplished during their tenure, but the Board and I decided a change was necessary as we have different views on how best to achieve our strategic priorities moving forward.

“We have a deep team of talented, experienced and committed executives across the organization, and the Board and I have great confidence in our collective abilities to create compelling content, engage our global fanbase across platforms, increase revenues, and drive shareholder value.”

Click here to read the press release in its entirety.