WWE announced it has assigned Paul Heyman and Eric Bischoff as Executive Directors of Monday Night Raw and Smackdown LIVE, respectively. These are newly-created positions that will report directly to Vince McMahon, who is the WWE Chairman and CEO.

Heyman and Bischoff will oversee the creative processes for WWE's flagship programming, which will be of the utmost importance since Smackdown LIVE is moving from USA Network to Fox in the fall.

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The self-proclaimed Advocate for Brock Lesnar, Paul Heyman has worked behind-the-scenes at WWE after serving as President of ECW from 1993 to 2001. He is credited as helping many of the WWE Superstars launch their careers with his sage advice on crafting captivating promos and storyline feuds.

Bischoff served as President of the rival WCW, helping to build the brand as a major competitor to the WWE in the '90s. He helped develop and create the nWo storyline, which saw Hollywood Hulk Hogan form the outlaw group alongside Kevin Nash and Scott Hall. Bischoff also helped WCW secure a television deal for WCW Monday Nitro on TNT and WCW Thunder on TBS.

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SI.com reports both positions are full-time executive roles, with no current plans for these to be on-screen TV roles.

(via WWE.com)