Vince McMahon

2023 - 1 - 6

Post cover — Image courtesy of "Variety"

Vince McMahon Removes Three WWE Board Members (Variety)

McMahon is now the executive chairman of the company with his allies and former WWE co-presidents Michelle Wilson and George Barrios joining him in the other ...

“Today, we announce that the founder of WWE, Vince McMahon, will be returning to the Board,” said Stephanie McMahon, Khan and Levesque said in a joint statement. “We also welcome back Michelle Wilson and George Barrios to our Board of Directors. Paul Levesque, known to fans as Triple H during his wrestling career, was named chief content officer and the head of creative. “WWE is entering a critical juncture in its history with the upcoming media rights negotiations coinciding with increased industry-wide demand for quality content and live events and with more companies seeking to own the intellectual property on their platforms,” McMahon said in his original announcement. Since McMahon left WWE, his daughter Stephanie McMahon took over as chairman and co-CEO alongside Nick Khan, who previously served as the company’s president. [new SEC filing](https://otp.tools.investis.com/clients/us/wwe/SEC/sec-show.aspx?FilingId=16303052&Cik=0001091907&Type=PDF&hasPdf=1#page13), JoEllen Lyons Dillon, Jeffrey R.

World Wresting Entertainment stock pops as former CEO Vince ... (Proactive Investors USA & Canada)

World Wresting Entertainment Inc (WWE) shares have jumped more than 18% after the company's founder and former CEO Vince McMahon announced he...

"The only way for WWE to fully capitalize on this opportunity is for me to return as executive chairman and support the management team in the negotiations for our media rights and to combine that with a review of strategic alternatives.” [READ: The esports market should look to WWE for its inspiration](https://www.proactiveinvestors.com/companies/news/907113/the-esports-market-should-look-to-wwe-for-its-inspiration-907113.html) In a statement, McMahon said he had submitted written consent to the WWE board to elect himself and former WWE co-presidents Michelle Wilson and George Barrios to the board, requiring three board members to leave.

WWE confirms Vince McMahon is rejoining the board, stock spikes (CNBC)

As controlling shareholder, McMahon has held majority voting power over the organization even after he stepped down in the wake of a sexual misconduct scandal.

Even during his leave, McMahon maintained control over the company as a majority shareholder. The stock trades with a market capitalization of more than $6 billion. McMahon can effectively exercise control over our affairs." He also said he would bring back former co-presidents Michelle Wilson and George Barrios as board directors. Wexler, were removed from their positions. [World Wrestling Entertainment](/quotes/WWE/) confirmed on Friday that former CEO and majority shareholder Vince McMahon will be reinstated to the company's board.

WWE announces Vince McMahon's return to the Board of Directors ... (ProWrestling.net)

Vince McMahon; Stephanie McMahon; Nick Khan; Paul Levesque; Steve Koonin; Michelle McKenna; Steve Pamon; George Barrios; Michelle Wilson. Ignace Lahoud and Man ...

Vince McMahon, in his capacity as controlling shareholder of the Company, has removed JoEllen Lyons Dillon, Jeffrey R. “We also welcome back Michelle Wilson and George Barrios to our Board of Directors. “Today, we announce that the founder of WWE, Vince McMahon, will be returning to the Board,” said Chairwoman & Co-CEO Stephanie McMahon, Co-CEO Nick Khan and Chief Content Officer Paul Levesque.

Vince McMahon Returns to WWE (The Wall Street Journal)

Majority owner comes back to pursue a possible sale of the business.

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Vince McMahon Returns to WWE's Board, Seeking a Possible Sale (Bloomberg)

Vince McMahon, World Wrestling Entertainment Inc.'s controlling shareholder and former chief executive officer, is returning to the company's board as the ...

WWW's Vince McMahon is back after misconduct investigation (The Independent)

Vince McMahon is rejoining the board of WWE several months after he retired from the sports entertainment company during an investigation into alleged ...

McMahon controlled a majority of company shares even after his retirement, giving him the power to engineer a board shakeup upon his return. It announced a multi-year expansion of its original programming partnership with A&E in May 2022. The company on Friday did not immediately return requests from The Associated Press seeking details about the findings of that committee. The Royal Rumble takes place this month in Texas, while Wrestlemania, a two-day event, begins in April. “I believe WWE has a unique opportunity during this critical juncture to maximize value for its shareholders and all other stakeholders,” McMahon wrote. The [Wall Street Journal](/topic/wall-street-journal) reported over the summer that McMahon agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity.