-

SEC filing confirms Vince McMahon is officially back on the WWE Board of Directors

In a filing with the United States Securities and Exchange Commission it was confirmed that Vince McMahon is officially back on the WWE Board of Directors.

McMahon didn’t come back because the company wanted, but because he used his shareholding power to force his way back. He originally resigned in July 2022 and lasted just six months on the sidelines before returning.

“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 in a press release. “We also welcome back Michelle Wilson and George Barrios to our Board of Directors. Together, we look forward to exploring all strategic alternatives to maximize shareholder value.”

In connection with the change in the composition of the Board of Directors and in cooperation with Vince McMahon as majority shareholder, WWE intends to undertake a review of its strategic alternatives with the goal being to maximize value for all WWE shareholders. There is no assurance that this process will result in a transaction.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

ROH Final Battle 2024 results

Here are the results from last night's ROH Final Battle 2024 event which took place live from the Hammerstein...

Smackdown moving to three hours starting with January 3, 2025 episode

WWE has confirmed that Smackdown will expand to three hours starting with the January 3, 2025 episode. A WWE.COM entry...

NXT Level Up weekly series to end

Fightful is reporting that NXT Level Up is being discontinued moving forward and this month will be the last...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading