Oh yeah, authority figure wise I would dead the mean boss shyt for a while, have a face figurehead or at least an objective non bias 1. Probably objective would be best unless you hire an ex wrestler like Mick Foley to do it.
I'd even bring in some new match types.
I'd bring in lots of people with proven sucess within the buisness for advisory roles and then they can listen and evaluate opinions yet ultimately make their own descions.
At certain times some celebrity involvement could be interesting too, but if it feels legit like the Tyson ish.
I would research what the fans want but not let them lead the way, listen to them, take it in and yes cater to them but not let them completely run the show. Though some interactive things could happen where people vote for matches or match types sometimes.
I'd give a chance for writers/idea people to apply and veto people until you get the very best people with the best ideas let them help grow the company. Not so restrictive, I'm sure there's wrestling fans out there who could contribute something worthwhile idea or booking wise.
I'd hire JR back immediately, if he doesn't want to commentate that's fine but in terms of a wrestling mind, more great wrestling minds the better.
The main thing to me though would probably be compelling captivating long term much diverse storylines.
