The WWE is parting ways with its co-presidents, George Barrios and Michelle Wilson
The company says it is now searching for a new chief financial officer, and a new chief revenue officer. Board member Frank A. Riddick III will be interim CFO.
Barrios joined the company as is chief financial and strategy officer in 2008, while Wilson led the company’s operations and was responsible for oversight of its revenue lines. They were named co-presidents in 2018. During their tenures, the WWE dramatically shifted its business strategy by embracing streaming video and launching the WWE Network, which carried the company's pay-per-view events and other content. At the same time, the company has increased its presence on TV, movingIn its statement Thursday, the WWE said that it expects its full year 2019 Adjusted OIBDA to be approximately $180 million. That would be only slightly ahead of last year's $179 million.
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