Linda McMahon picked to be Small Business administrator

Linda McMahon, former CEO of World Wrestling Entertainment (WWE), speaks to reporters at Trump Tower, November 30, 2016 in New York City.

(CNN)President-elect Donald Trump picked Linda McMahon, former CEO of World Wrestling Entertainment, to serve as the administrator of the Small Business Administration, his transition announced Wednesday.

"Linda has a tremendous background and is widely recognized as one of the country's top female executives advising businesses around the globe," Trump said in a statement. "She helped grow WWE from a modest 13-person operation to a publicly traded global enterprise with more than 800 employees in offices worldwide."
McMahon, a Connecticut Republican, twice ran unsuccessfully for a US Senate seat in that state.