You have a wide variety of options for formatting WordArt. To access the options, click on the WordArt. The WordArt toolbar appears.
Edit the text by clicking on the Edit Text button.
To specify a different style for the WordArt, click the WordArt Gallery button. Click the WordArt Shape button to fit the WordArt to a different shape.
You can change the WordArts position in relation to the document text by clicking the Text Wrapping button. Then select a text wrapping option.

