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Shane McMahon is a good dude, the only thing is does he know enough about MMA as I do feel that would be important (I have no idea so won't pre-judge that)
He's actually very knowledgeable about MMA and I think he'd even talked about going that route if he wasnt a McMahon. I'm pretty sure he's talked about starting an MMA org at one point and he certainly has the business background and connections to make it work. Like I said, there are drawbacks too, but he's not out of the realm of decent choices to head the UFC.
I dont really follow pro wrestling so I'm not 100% certain, but over the decades his name has come up in the MMA discussions of him being for it and wanting it to grow.