WWE Vince McMahon

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.

Vince McMahon returns to WWE, less than 6 months after he retired amid misconduct allegations · Vince McMahon, WWE's former CEO, has returned to the board, the ...

The board began investigating last year millions of dollars McMahon had paid several women who had made misconduct allegations against him. But McMahon made clear that without his direct involvement, he would not approve any rights deals or a sale, WSJ reported. The Wall Street Journal first reported last month that McMahon had thought the allegations against him would have blown over, and sent a letter to the board outlining [announced he was retiring from the company](https://www.businessinsider.com/vince-mcmahon-retires-wwe-amid-misconduct-allegations-2022-7) in July 2022, amid a board [investigation into hush payments](https://www.businessinsider.com/wwe-vince-mcmahon-payments-former-female-employees-investigation-report-2022-6) McMahon allegedly made to former female employees who had made misconduct allegations against him. WWE also said it would "undertake a review of its strategic alternatives with the goal being to maximize value for all WWE shareholders." - The company said it would "undertake a review of its strategic alternatives," exploring a potential sale.

WWE's former chief executive Vince McMahon sets out comeback ahead of the company's US media rights negotiations.

McMahon has also purportedly told the board that unless he has direct involvement as executive chairman of a strategic review, he won’t approve any media rights deal or sale. Being the company’s controlling shareholder effectively gives him carte blanche on its affairs and it is understood he had pushing for a return last month. WWE shares jumped ten per cent following the announcement on 5th January.

McMahon retired last year over a sexual misconduct scandal – but said Thursday he would return as WWE chairman to lead media rights negotiations.

"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," he said in a McMahon said he would lead those negotiations as WWE's executive chairman and would launch a strategic review into other possible broadcast partners. McMahon said Thursday that he had re-elected himself as chair of WWE's board and expects to lead a review into upcoming media rights negotiations. [Wall Street Journal](https://www.wsj.com/articles/vince-mcmahon-plots-return-to-wwe-11672952709?mod=latest_headlines) reported that former CEO McMahon would return to the publicly-listed entertainment company ahead of a potential sale. [WWE](https://markets.businessinsider.com/stocks/wwe-stock?utm_medium=ingest&utm_source=markets)'s stock price rallied ahead of Friday's opening bell after Vince McMahon announced a surprise return to the company just six months after retiring over a [sexual misconduct scandal](https://www.businessinsider.com/wwe-vince-mcmahon-paid-12-million-to-silence-women-report-2022-7?utm_medium=ingest&utm_source=markets). - McMahon announced a review into upcoming media rights negotiations and could reportedly be preparing to sell the company.

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 founder and former chairman, retired Vince McMahon is reportedly plotting a return to the company to pursue its sale, as per various sources.

For this to happen, the current board members will have to step down. A special committee was assigned to take over the investigation on the matter while Vince cooperated well with them and even said this, WWE founder and former chairman, retired Vince McMahon is reportedly plotting a return to the company to pursue its sale, as per various sources.

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.

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

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

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. [stepped down temporarily](/article/sports-vince-mcmahon-wrestling-28e22d3c652591f42d47ef0285564623) from the posts a month earlier.

World Wrestling Entertainment (WWE) has announced that Vince McMahon has returned to its board of directors, where he now sits as executive chairman of the ...

WWE said Friday that McMahon, the founder and majority shareholder of WWE, would return as executive chairman. It also announced a board shakeup. Shares surged ...

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. McMahon retired as WWE's chairman and CEO in July.

WWE mogul Vince McMahon has returned to the company six months after he retired amid sexual misconduct accusations. Ryan Glasspiegel — New York Post.

WWE’s live rights for “Raw” and “SmackDown,” which represent a major source of revenue for the business, are up in 2024. He was of the belief that potential buyers would want to own WWE’s intellectual property as opposed to renting it for their linear TV networks and/or streaming services. My return will allow WWE, as well as any transaction counterparties, to engage in these processes knowing they will have the support of the controlling shareholder. “PIF controls about $620 billion in assets. Stephanie McMahon’s husband Paul Levesque, know by his ring name “Triple H,” was elevated to head of creative. “The only way for WWE to fully capitalise 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.

World Wrestling Entertainment Inc. Chairman Vince McMahon is introduced during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las ...

[Apple](/quotes/AAPL/), which is also interested in sports rights but has almost no history of doing multibillion acquisitions, Amazon [spent $8.45 billion on MGM](https://www.cnbc.com/2021/05/26/amazon-to-buy-mgm-studios-for-8point45-billion.html) and [$13.7 billion for Whole Foods](https://www.cnbc.com/2022/08/25/how-whole-foods-has-changed-in-the-five-years-since-amazon-took-over.html). Fox sold off most of its entertainment [assets in its $71 billion sale to Disney in 2019](https://www.npr.org/2019/03/20/705009029/disney-officially-owns-21st-century-fox), but WWE fits with the smaller company's sports and live events focus. ["the bar is the highest it's been in terms of M&A" ](https://www.hollywoodreporter.com/business/business-news/comcast-ceo-downplays-deal-chatter-we-really-like-the-company-weve-got-1235249945/)and has repeatedly said the company isn't in a rush to pursue an acquisition. [both publicly and privately that while he's not interested in renting sports rights](https://www.cnbc.com/2022/12/06/david-zaslav-warner-bros-discovery-cash-flow-debt.html), he would be interested in deals that give the company ownership over IP. The global success of Formula 1 could provide a roadmap for a future WWE strategy. [Friday Night Smackdown](https://www.fox.com/wwe-friday-night-smackdown/), and the company may feel the time is right to increase scale given its News Corp. Selling to a third party would also allow WWE to increase rights renewals every few years. [Disney](/quotes/DIS/). Comcast [Comcast](/quotes/CMCSA/), which owns NBCUniversal, is a potential fit as a buyer for WWE. [told investors that McMahon's role at the company is essential in "our ability to create popular characters and creative storylines." Returning to the board will give potential buyers confidence he's supportive of the details of any transaction. WWE plans to talk to potential buyers before it makes a decision on TV rights renewal agreements.