WWE CEO Linda McMahon quits; will run for Senate in Conn.




Linda McMahon, CEO of World Wrestling Entertainment Inc., is resigning her post to run for U.S. Senate in her home state of Connecticut,

the

Los Angeles Times

reported.

She will run as a Republican against Democratic Sen. Christopher Dodd in 2010.

Although not nearly as flamboyant as her husband, WWE Chairman and ringmaster Vince McMahon, Linda McMahon is considered the brains behind the brawn. She has been CEO of WWE since 1997 and before that served as president.

McMahon said she would fund her own campaign. Her opponents include former Rep. Rob Simmons and Tom Foley, a former ambassador to Ireland. McMahon told the

LA Times

:

“When you’ve grown a small, family-run company into a company traded on the New York Stock Exchange, you know about living on budgets and making payroll.”

Her husband will assume the CEO title, and COO Donna Goldsmith will take on additional duties, the article said.

McMahon’s son, Shane, is WWE’s executive vice president, global media, and her daughter, Stephanie, is executive vice president, talent and creative writing. (Source:

Los Angeles Times,

Sept. 17, 2009.)

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