Vince McMahon has discussed the recent changes to WWE’s management and called the team operating at the top of the company the best in WWE history.
Over the past 18 months, several changes have occurred at the top of the WWE tree. Co-Presidents George Barrios and Michelle Wilson left their post after 2 years in that positions. Both Wilson and Barrios had been with WWE for over a decade in various roles before their Presidency. Since leaving the company the pair have launched a media investment firm.
Replacing the pair in August 2020 was Nick Khan. Khan had spent several years at the Creative Artists Agency as their Co-Head of Television. Amongst other changes at the executive level, Chris Legentil became Senior Vice President and Head of Global Communication in April 2020. Scott Zanghellini also came on board to the company as the new Head of Revenue Strategy and Development. Alex Varga was also added as Vice President of that department.
Speaking on an earnings call to mark the end of the first quarter of 2021, WWE Chairman Vince McMahon was effusive in his praise of the new team at the top.
“Like every other form of entertainment or sport, we’re coming out of COVID. At first, we were in survival mode but we found new life. Once we felt secure, we then saw this as an opportunity to rethink the way we do business and open what I call a WWE treasure chest. The only way you can do that is to have the best management team in WWE history. We have that team. A team that’s innovative, a team that drives revenue and has reorganized our company in a more efficient way to take advantage of new revenue streams, new online platforms, new consumer products, new content creation, and new opportunities to expand our media rights portfolio on a global basis. I’m always excited about our business and I don’t think I’ve ever been more excited than I am now.”
WWE announced a billion-dollar deal with NBC Universal for the rights to the WWE Network in the United States. US fans can now watch all the WWE action on the Peacock streaming service.
One name in a management position that is no longer with the company is Mark Carrano. Carrano had been Senior Director of Talent Relations in the company for several years. His firing came after Mickie James posted a picture on social media that showed her belongings returned to her by WWE in a trash bag. There is no official correlation been made between Carrano’s firing and James’ post but Paul Levesque and Stephanie McMahon have both Tweeted to say the person responsible for the trash bag no longer works with the company.