Isn't Vereesa the current leader of the High Elves?
Actually – no. There’s nothing to suggest that she is the leader of the High Elves. However, she is a leader; self-proclaimed, albeit; not official by any means.
You have to keep in mind that the High Elves are mistrusted by near enough every race now, including their former kin (not that they care; there is equal amounts of mistrust on both sides). The High Elves are pariahs; they are a scattered people who have merely sought a welcoming place. Blizzard did this intentionally because it is known that they treated the Half Elves (and most other races, for that matter) with a similar disdain, and this fall from grace is somewhat of a humbling for the remnants of the race – except to near calamitous affect.
If we are going for technicalities, the current leader of the High Elves is Varian. Most have allied themselves with the Alliance – it is what they know, and they do not want to change, but note that for the vast majority of them it is an alliance of necessity; a lot want to break free and make their own homeland, but the population just is not great enough to do so and they will fail without support.
Currently, the High Elves rely on the hospitality of the humans. If they didn’t have that hospitality, they would have been completely eradicated. You will often find High Elves in human-populated areas; most notably Dalaran due to its magical properties – and Vereesa is obviously not far behind them, for she followed Rhonin to the same place.
One could argue that Vereesa is the leader if all High Elves were members of the Silver Covenant, though this is unclear. You have to bare in mind that, though the Windrunners were powerful, they were not royalty – and the High Elves were very much so used to royalty. As a result, Varian is the best alternative to them because, whilst not elven, he is royalty – Vereesa is not; she is just a (self-appointed) general. I think even if she did try to rally the troops, so to speak, she would fail on account of her own blood.
TL;DR – the humans will lead the High Elves from now on. Their true leader died when Anasterian died and they will not have another due to their numbers and their lack of a stronghold. They are at the whim of the humans, who are currently the only named race that accept them – the rest are distrusting and, as a result, the High Elves are pariahs. Vereesa is simply a self-appointed ranger general to a cause she feels will give her people a little pride in an otherwise prideless situation; their pride being in the fact that they turned away from what they thought was wrong, which is pretty much all a High Elf has to stand on now.
I should also add in post script that I assume all High Elves belong to the Alliance because it is openly stated that they did not “rejoin” the Alliance, because to them they never left to begin with. High Elves are Alliance by default and only if openly stated that they are not are they then considered neutral. Again, though, I explore that this can be seen as an alliance of convenience more so than trust -- it is the case for some, but not all. Take it with a pinch of salt.
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