Longtime WWE frontman Vince McMahon has stepped down as CEO and chairman, leaving behind a void in the most electrifying circus on television.
But one analyst argued the leadership change appears to be coming off smoothly.
“I don’t think it’ll hold the company back at all,” Brandon Ross, media and technology analyst at LightShed Partners, told Yahoo Finance Live (video above). “I think that the company has had a succession plan in place for a very long time. They have a management team in place that they are very confident in, and frankly, we are too.”
Apr 3, 2022; Arlington, TX, USA; Pat McAfee (center) is attacked by Austin Theory (right) during his match with WWE owner Vince McMahon (left) during WrestleMania at AT&T Stadium. Mandatory Credit: Joe Camporeale-USA TODAY Sports
The modern World Wrestling Entertainment, Inc. (WWE) is the culmination of almost 70 years of constant expansion and absorption of smaller, regional wrestling franchises helmed by McMahon and his father, Jess…