WWE Massive Name Quits After McMahon Return

Vince McMahon has 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. John Pollock noted that two board members resigned today: “Ignace Lahoud and Man Jit Singh have resigned from the Board, effective today.” This is separate from the three board members removed.

 


 

Sean Ross Sapp of Fightful further took to Twitter and reported that Man Jit Singh, who was the leading investigator on the Vince McMahon investigation internally, has resigned from the WWE Board of Directors.

Ignace Lahoud and Man Jit Singh have resigned from the Board of WWE as of today. Man Jit Singh was the leading investigator on the Vince McMahon investigation internally

Vince McMahon is back with WWE

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.

On Thursday, Vince took action to return to WWE in an effort to participate in media rights negotiations. In a press release, Vince said:

“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. 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. 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.”

Barry Russell
Barry Russell
A dedicated pro wrestling follower for more than a decade

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