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George Barrios and Michelle Wilson are out as WWE co-presidents and board members, the professional wrestling company said on Thursday.
Frank A. Riddick III, who has served as a member of WWE’s board of directors for more than 11 years, has been named interim chief financial officer, reporting to WWE Chairman & CEO Vince McMahon. WWE says it has commenced a search for both a permanent CFO and chief revenue officer.
“I would like to thank George and Michelle for their 10+ years of service and contributions to the organization,” McMahon said in a statement. “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.”
McMahon continued: “We have a deep team of talented, experienced and committed executives across the organization, and the board and I have great confidence in our collective abilities to create compelling content, engage our global fanbase across platforms, increase revenues, and drive shareholder value.”
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Riddick previously served as CEO for FloWorks International, LLC, JMC Steel Group, Formica Corporation, and Triangle Pacific Corp., and president/chief operating officer of Armstrong World Industries, Inc.
WWE will report its fourth-quarter and full-year 2019 earnings next Thursday.
