A big leadership has occurred in the TNA world, as longtime president Dixie Carter has been replaced by Billy Corgan, according to IMPACT Ventures — parent company of TNA wrestling.
With Corgan appointed as the new president, Carter will now be TNA’s chairman and chief strategy officer.
The position change means Corgan will now be responsible for the day-to-day movements and actions of TNA, while Carter will now take heed on more long-term actions and global growth for the company as a product and with building partnerships.
“Billy is a visionary, an iconic artist and savvy businessman with an incredibly gifted creative mind. He has built a decades-long successful global brand, and also has a deep passion and understanding for professional wrestling,” said Carter. “In working with Billy over the last 16 months, he has impressed me to the point that I’ve been in discussions with him to take an elevated strategic leadership role within the company. The more we discussed our vision for the organization, the clearer it became that position needed to match his commitment.
“We are entering an exciting new era for IMPACT and will be working to continue to define our brand, develop global strategies for success, and structure for future investment and growth. These moves, effective immediately, signify the team’s determination to work together to effectively cover more ground and capitalize on TNA’s current momentum that has seen ratings rise in recent months.”
Corgan is more well known as the band leader and sole permanent member of The Smashing Pumpkins, but as Carter noted, Corgan has been working with TNA for over a year as a character on the show as well as an investor.
“I believe in this company, its passionate fans, the talented roster and the dedicated staff and crew,” said Corgan. “I am committed to this great opportunity and will use all of my resources and connections to drive the success of this company. This year we have made significant strides in establishing a strong foundation for our future and will be aggressive in continuing to evolve and grow the IMPACT brands.”