WWE's web shakeup, in which Brian Kalinowski, Executive VP of Digital Media was let go as Stephanie McMahon took over the web division (and merged it with the magazine division) is just the first of several corporate shakeups that started with the removal of COO Donna Goldsmith, a key WWE insider has told WrestleZone.
According to our source, and confirmed by a major player in another division in the company, WWE Chairman Vince McMahon is taking the stock drop as a lack of investor confidence in the company and is going to revamp the corporate side in order to hopefully boost the stock.
WrestleZone has learned Vince is keen on revamping the consumer products division as well as the sponsorship team, which has already started to be, as we were told, "gutted and re-built."
"Vince is of the mindset that if only he, Stephanie, and HHH are left standing in this next set of changes, so be it," our source told us, "right now in WWE, no executive is safe."
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