More WWE office cuts
Added 2021-11-05 17:10:52 +0000 UTCThis will be up publicly on Fightful very soon due to the nature of the story, but Fightful Select has confirmed that WWE office employees Mike Giacco, Laura Todd, Laura Petrucelli and John Stamatis have all departed the company. We've been told that promotions within the company, as well as new hires will be made to fill the spots, and this isn't as much of a move about "reducing head count" as it is about restructuring the company and moving new people into the roles.
Laura Petrucelli- WWE's Vice President of Branding that worked directly with WWE's CBO. It is noted that she managed a $13M budget annually. She'd worked with WWE for over nine years.
John Stamatis: Stamatis served as the SVP of Global Marketing and Sales Strategy at WWE for over four years. Prior to that, he'd worked in the marketing departments for the NBA, Pepsi and various other companies for years, and has been involved in that end of work for nearly 30 years.
Laura Todd: Laura Todd had been Vice President of Partnership Marketing since October 2007, spending over 14 years with the company. Prior to that, she spent time at Sports Illustrated.
Mike Giacco: WWE fans actually may recognize Mike Giacco, as he won the WWE 24/7 Championship in 2019, before losing it to R-Truth.
Comments
Thank you for letting us know, it looks like a reorganization, thanks for the info nonetheless.
VitAnyaNaked
2021-11-05 20:17:01 +0000 UTCIs the $13m budget mentioned in Laura's piece the one associated with the alleged budget cuts?
Jamie OD
2021-11-05 17:30:03 +0000 UTCSean who do you believe will take over control once Vince is done Nick Kahn or Stephanie
Kyle
2021-11-05 17:27:51 +0000 UTCYou see this happening in corporate structures when there's a merger or a sale. Rare that you see it, at this scale, in the wrestling business. These releases won't stop and I have to agree with Curtis, it feels like Khan is making a name for himself in the WWE. I feel bad for the remaining talent. How does it fair to them when no one is safe?
2021-11-05 17:23:58 +0000 UTCSomeone is preparing for a Nick Kahn takeover..I have a feeling it's Nick Kahn.
Curtis Hinkle
2021-11-05 17:12:47 +0000 UTC
