WWE Co-Presidents George Barrios & Michelle Wilson leave with 'immediate effect', interim CFO appointment made

Smooth Criminal · Jan 30, 2020

STAMFORD, Conn.--(BUSINESS WIRE)-- WWE (NYSE: WWE) today announced that Co-Presidents George Barrios and Michelle Wilson will depart the company, effective immediately, and will no longer serve on its Board of Directors.

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 has commenced a search for both a permanent Chief Financial Officer and Chief Revenue Officer.

"I would like to thank George and Michelle for their 10+ years of service and contributions to the organization," said McMahon. "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.

As this thread goes live, stock is down ~20% after hours. There's an annual report due on February 6th, and the suggestion is that they're scapegoats for lower than expected earnings.

Video Games Are Dumb · Jan 30, 2020

Wooooooooooooow I got this twisted with CFO$, the guys that do all the WWE music.

Fat4all · Jan 30, 2020

they got the f out

Anth0ny · Jan 30, 2020

Vince don't go and do XFL you idiot the shareholders are gonna freak the fuck out

"You're fired"

Cosmonaut X · Jan 30, 2020

the Board and I decided a change was necessary as we have different views on how best to achieve our strategic priorities moving forward.

Trans. "More cuckoldry storylines and dog food!"

Fat4all · Jan 30, 2020

they'll fill the spot with

CthulhuSars · Jan 30, 2020

Fat4all said:
they'll fill the spot with

buckle up!

Video Games Are Dumb · Jan 30, 2020

Cosmonaut X said:
Trans. "More cuckoldry storylines and dog food!"

I don't even follow WWE anymore and I understand these are far and away their highest rated segments. People think wrestling is trash, sometimes it's good to lean into expectations.

Reizzz · Jan 30, 2020

Fat4all said:
they'll fill the spot with

The most interesting man in America

Witness · Jan 30, 2020

Fat4all said:
they'll fill the spot with

His master plan has already begun. Dan's meteoric rise through WWE has begun.

smurfx · Jan 30, 2020

its time they unleashed giganto silba.

AstronaughtE · Jan 30, 2020

Fat4all said:
they'll fill the spot with

He's going to pull a Robert California and convince Vince McMahon out of his own job.

Buckle · Jan 30, 2020

ThreePi · Jan 30, 2020

Smooth Criminal said:
As this thread goes live, stock is down ~20% after hours. There's an annual report due on February 6th, and the suggestion is that they're scapegoats for lower than expected earnings.

If you can't blame it on Baron Corbin again, this is the next on the list?

TheAvatar · Jan 30, 2020

Smooth Criminal said:
Via PWInsider:

As this thread goes live, stock is down ~20% after hours. There's an annual report due on February 6th, and the suggestion is that they're scapegoats for lower than expected earnings.

um this is the real news right now, 20 percent?! holy shit

FantaSoda · Jan 30, 2020

Fat4all said:
they'll fill the spot with

OtakuCoder · Jan 30, 2020

Maybe it's just a work?

I don't know much about wresting

sirap · Jan 30, 2020

Ngl I was expecting Dan Ryckert's name when I clicked this thread.

bloodyroarx · Jan 30, 2020

TheAvatar said:
um this is the real news right now, 20 percent?! holy shit

And still going

https://twitter.com/Rivenblade2/status/1223013925530238981

Stuntman · Jan 30, 2020

OtakuCoder said:
Maybe it's just a work?

I don't know much about wresting

Snake Eater · Jan 30, 2020

Video Games Are Dumb said:
Wooooooooooooow I got this twisted with CFO$, the guys that do all the WWE music.

Jim Johnston has countless classic to his name and this cfo person has made me mute entrances now

DrDarkStryfe · Jan 30, 2020

That annual report must be a doozy if there are already heads rolling.

Anth0ny · Jan 30, 2020

OtakuCoder said:
Maybe it's just a work?

I don't know much about wresting

It's a shoot brother!

Deleted member 35217 · Jan 30, 2020

It's everyone but the McMahons' fault.

NinjaScooter · Jan 30, 2020

I'm going to run for WWE President

Indelible · Jan 30, 2020

Business will continue to go down as long as Vince is in charge.

Deleted member 2802 · Jan 30, 2020

sirap said:
Ngl I was expecting Dan Ryckert's name when I clicked this thread.

HarryDemeanor · Jan 30, 2020

NinjaScooter said:
I'm going to run for WWE President

Can't wait for your Michael Douglas ads.

Sephiroth · Jan 30, 2020

Time to double the Saudi Blood Money dates

ElectricBlanketFire · Jan 30, 2020

How can business be down when it's SUCH GOOD SHIT?

Jason Frost · Jan 30, 2020

Stuntman said:

lol, every time I see that picture, I never remember what he was trying to say even if it was explained many times.

Slayven · Jan 30, 2020

NinjaScooter said:
I'm going to run for WWE President

*Slayven descends from the rafters like crow Sting but is wearing original Sting makeup*

DMczaf · Jan 30, 2020

*Slayven removes Original Sting mask to reveal Crow Sting mask

Tom Nook · Jan 30, 2020

That's not good.

ramoisdead · Jan 30, 2020

Everything's just fiiiiiiiiiiiiiiiiiiiine over at WWE, amirite.

Snake Eater · Jan 30, 2020

Those earning reports are going to be something special

gaiadyne · Jan 30, 2020

In the year that I quit the WWE, I couldn't be more pleased with these results

Guzim · Jan 30, 2020

Are George Barrios and Michelle Wilson ALL ELITE?!

LakeEarth · Jan 30, 2020

Fat4all said:
they got the f out

I get it

Steeped in a Sea of Games · Jan 30, 2020

Edit: Wrong topic lmao

As an aside; Fuck Vince.

Pop-O-Matic · Jan 30, 2020

Jason Frost said:
lol, every time I see that picture, I never remember what he was trying to say even if it was explained many times.

It was him responding to the backlash from the Bound For Glory 2011 main event (where Bobby Roode lost to Kurt Angle despite literally all the build saying it was going to be his moment).

kyle mechlachlan · Jan 30, 2020

super-famicom · Jan 30, 2020

Fat4all said:
they'll fill the spot with

He'll make the company billions with his Taco Bell x WWE partnership

Dead Man Typing · Jan 30, 2020

gaiadyne said:
In the year that I quit the WWE, I couldn't be more pleased with these results

Yep. I've been out for around 18 months now.
It's tough missing out on the couple of good minutes of programming every few months but it is a better life.

Pop-O-Matic · Jan 30, 2020

super-famicom said:
He'll make the company billions with his Taco Bell x WWE partnership

WWE and Yum! Brands are already pretty tight with one another so I don't think Dan would be adding anything special there.

super-famicom · Jan 30, 2020

Pop-O-Matic said:
WWE and Yum! Brands are already pretty tight with one another so I don't think Dan would be adding anything special there.

Really? I know nothing about WWE except what I heard on Giant Bomb. Regardless, Dan would be able to convince them it's a brand new deal.

Liquidsnake · Jan 30, 2020

Buckle said:

Lol

RBH · Jan 30, 2020

Wow, I never thought I'd see George Barrios leaving the WWE

He looked like a WWE lifer from all indications

Wonder what's coming up then in regards to their financials....

TRS8088 · Jan 30, 2020

Time for Undertaker vs Goldberg in a Pyongyang street fight!

canseesea · Jan 30, 2020

Video Games Are Dumb said:
Wooooooooooooow I got this twisted with CFO$, the guys that do all the WWE music.

They apparently left last year. The news was not as big.

WWE Co-Presidents George Barrios & Michelle Wilson leave with 'immediate effect', interim CFO appointment made

Woke up, got a money tag, swears a lot

Woke up, got a money tag, swears a lot

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Never read a comic in his life

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