New co-CEO’s Nick Khan and Stephanie McMahon have been tipped form a formidable team as WWE look to move forward following the departure of Vince McMahon.
WWE is entering a brave new era. An era that doesn’t feature Vince McMahon who was the company’s figurehead for the best part of four decades.
With McMahon announcing his retirement, his daughter Stephanie McMahon and WWE President Nick Khan have become co-CEO’s. In addition, Stephanie has also replaced her father as head of the board. With regard to WWE’s on-screen product, Triple H has been named Head of Creative.
The reshuffle has left many fans wondering what the company will look like going forwards, and how that will affect what happens in the ring.
A new report from Dave Meltzer in the Wrestling Observer Newsletter has now attempted to shed some light on the situation. Meltzer notes that Nick Khan will be in charge of the business end of WWE, while Stephanie will be the public face of the company.
Interestingly, the report adds that “from people who work with top executives and are top executives in this area” that more often that not the arrangement doesn’t work.
Despite this, someone within WWE described the partnership as “necessary” and tipped the pair to make a “formidable team.”
“I actually believe this pairing is necessary. Nick is a revenue driver. And he’s been involved in things that are not his specialty. What he’s good at, he’s great at. Steph is the promoter. The old school promoter with the new lexicon in media about analytics and branding. If Steph sticks to being a promoter, managing the relationships for the company, and Nick sticks to revenue, they’re a formidable team.”
Meanwhile, as far as the on-screen product is concerned it has been suggested that there will be “much less” 50/50 booking and more long-term storytelling.