Billy Corgan is the new President of of IMPACT Ventures, parent company of TNA Wrestling and IMPACT Wrestling. He will be responsible for running the company’s day-to-day operations.
Former President Dixie Carter will now serve as Chairman and Chief Strategy officer, shifting her focus long-term planning, strategic partnerships and global growth.
“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 Dixie Carter in a press release. “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,” added Carter. “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, a minority investor in the company, said, “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.”