Shane McMahon Gets New Position Outside Of WWE

Shane McMahon’s RAW Underground segments were nixed due to the pandemic. The company didn’t want to mix rosters and increase the likelihood of a larger COVID-19 outbreak. Shane-O Mac will likely be back on WWE television, as he was for a WrestleMania run, but he has a new gig outside of the company now.

McMahon was announced as the new executive chairman for Ideanomics. He has been with the company since 2010, and was previously their Vice Chairman. Jim Cassano will now serve as the company’s Vice Chairman.

According to the company’s official website, Ideanomics’ mission is: “to act as a catalyst for disruption to those industries where improvements in sustainability, transparency, and freedom of choice would have profound benefits on a global scale.”

Shane McMahon is very happy about this new appointment. He included a quote in the official release concerning his new job where he spoke about how proud he is to take the gig.

“We recently launched the transformation of Ideanomics as we vertically enter the exciting EV and hydrogen fuel cell space. We now have a powerful management team in place to ensure Ideanomics’ success. I’m proud of what the new team has achieved in such a short amount of time and more importantly, I am thrilled for what’s yet to quickly come. I look forward to helping the company’s growth, vision, and momentum stay on track as we enter this new phase for Ideanomics.” 

We will continue to hope for Shane McMahon’s return to WWE. It seems like Vince McMahon’s baby boy has plenty to look forward to outside of the company as well.

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