Vince McMahon’s sudden and chaotic return to the WWE following his disgraced exit last year is setting up to be media’s juiciest story of 2023.
as co-CEO and chairman of the board of WWE, leaving former talent agency exec Nick Khan as the sole CEO.just days before that “WWE has an exceptional management team in place, and I do not intend for my return to have any impact on their roles, duties or responsibilities."
Sources told Axios that Stephanie McMahon and her husband Paul "Triple H" Levesque, the company's chief content officer and a retired professional wrestler, had opposed a sale.As controlling shareholder of the company, McMahon was able to elect himself as chairman through a written consent order. In doing so, he also appointed former WWE co-presidents Michelle Wilson and George Barrios to the board.
Adding to the shakeup, WWE said directors JoEllen Lyons Dillon, Jeffrey Speed and Alan Wexler were ousted from WWE's board. Moments later, the company issued a press release saying two more board members, Ignace Lahoud and Man Jit Singh, resigned effective immediately.: Stephanie McMahon was elevated to co-CEO alongside WWE president Nick Khan after her father's tumultuous exit last year.
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