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Stephanie McMahon is one of the top executives in WWE who has been tasked with filling her father Vince’s shoes.Getty Images
WWE has given former WWE chairman and CEO Vince McMahon three members to his new leadership team to “fill big shoes,” but remains “optimistic” about the future, according to ESPN.com’s Mike Coppinger. WWE Chairman & Co-CEO Stephanie McMahon, EVP/Talent Relations Paul “Triple H” Levesque and Co-CEO Nick Khan are responsible for taking WWE into the future. . -In-ring work, storylines and more creative control of talent, which is “a departure from McMahon’s philosophy”. The new management trio plans to “look at the business unit with fresh eyes. Now, the challenge is to “combine the appeal of the original with the in-ring credibility of NXT’s black and gold brand, which Levesque is revered for developing.” But WWE’s Bobby Lashley is “uncertain that Vince McMahon will be completely removed from the inner workings of the business,” adding that McMahon “remains the majority shareholder of the multi-billion dollar company.” Lashley said, “It’s not like Vince isn’t there anymore. He will not allow a child who has grown to this level to simply fall. So, he still lives there. He’s giving other people opportunities to move on.”ESPN.com, 8/4).
A change in strategy? Lightshed Partners Partner Richard Greenfield said WWE used to be direct-to-consumer on the WWE Network, but since then their content has changed on Peacock, so you’ve seen companies make pretty dramatic changes, and I think you have. We see a lot” (“Squawk Box,” CNBC, 8/5).
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