Fans had been speculating that Triple H might be departing WWE after Stephanie McMahon. Vince McMahon decided to make his way back to WWE. A new filing showed that McMahon is returning to the WWE board of directors. Reports emerged that the WWE Board Of Directors also tried to stop Vince McMahon from returning. Former WWE co-presidents Michelle Wilson and George Barrios are also on the board.
Independent directors Alan Wexler, JoEllen Lyons Dillon, and Jeffrey Speed have been removed. The filing shows that Vince has made changes to WWE’s bylaws so media rights deals and any company sales can’t be made without his approval. The filing also includes emails Vince has sent to the board.
McMahon had stated that his intention was to facilitate a sale of the company. There has been much speculation that Vince McMahon was looking to sell to a party that would commit to keeping him in charge of the company. It was further noted on Tuesday that Stephanie McMahon was resigning as Co-CEO of WWE and that Vince McMahon was unanimously voted in as Executive Chairman. Speculation was everywhere and it didn’t take more than a couple of hours before it was revealed that among the potential buyers interested in purchasing WWE was a group out of Saudi Arabia.
Update on Triple H
With Vince now back on the board as WWE’s chief executive, Dave Meltzer has reported in the Wrestling Observer Newsletter that Triple H’s position in the company remains the same, for now, and he is not fired ahead of WWE SmackDown:
“For now, McMahon has not been to the office nor at television. The fear in some places that McMahon will maneuver himself back to running the company or heading creative and be in charge of hiring and firing is not the case today.That doesn’t mean things won’t change.”
