BY – JANUARY 30, 2020
WWE co-presidents George Barrios and Michelle Wilson have left the company, effective immediately.
“I would like to thank George and Michelle for their 10-plus years of service and contributions to the organization,” WWE chairman Vince McMahon said in a press release. “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.”
Barrios and Wilson’s departures come as a major surprise, with the Wrestling Observer Newsletter‘s Dave Meltzer noting the impact on WWE stock: “Stock price now $49.79, 20.5% drop in an hour.”
Just in the last year, WWE began its new television deals with Fox and USA Network and moved its NXT weekly show from WWE Network to cable television. The promotion also expanded its partnership with the Saudi General Entertainment Authority to guarantee two shows in Saudi Arabia through 2027… Read More HERE