WWE has sent out the following press release.
WWE® Promotes George Barrios and Michelle Wilson to Co-Presidents
STAMFORD, Conn.–(BUSINESS WIRE)– In recognition of their contributions to four years of record revenues and the successful transformation to a multiplatform business model, WWE Chairman & CEO Vince McMahon announced today that George Barrios and Michelle Wilson have been promoted to Co-Presidents and appointed to WWE’s Board of Directors. Barrios and Wilson will continue to report directly to McMahon.
“The successful transformation of our business model has put us in a position to capitalize on all that the changing global media landscape has to offer,” said WWE Chairman & CEO, Vince McMahon. “I am confident that our executive management team, led by Michelle and George, will achieve continued success across key strategic initiatives and ensure our long-term growth.”
Commentary: This is HUGE news for Barrios and Wilson. These two have been a driving force in WWE’s transformation in business.