{"id":152042,"date":"2023-01-06T10:36:16","date_gmt":"2023-01-06T16:36:16","guid":{"rendered":"https:\/\/www.pwtorch.com\/site\/?p=152042"},"modified":"2023-01-06T10:36:16","modified_gmt":"2023-01-06T16:36:16","slug":"vince-mcmahon-officially-back-on-wwe-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.pwtorch.com\/site\/2023\/01\/06\/vince-mcmahon-officially-back-on-wwe-board-of-directors\/","title":{"rendered":"Vince McMahon officially back on WWE Board of Directors"},"content":{"rendered":"<div id=\"pwtor-116844733\" class=\"pwtor-before-content pwtor-entity-placement\"><hr \/><b>SPOTLIGHTED PODCAST ALERT (YOUR ARTICLE BEGINS A FEW INCHES DOWN)... <\/b>\r\n\r\n<iframe src=\"https:\/\/widget.spreaker.com\/player?show_id=3076978&theme=light&playlist=false&playlist-continuous=false&autoplay=false&live-autoplay=false&chapters-image=true&episode_image_position=right&hide-logo=false&hide-likes=false&hide-comments=false&hide-sharing=false&hide-download=true\" width=\"100%\" height=\"140px\" frameborder=\"0\"><\/iframe>\r\n<hr \/><\/div><p>Vince McMahon is officially back on the WWE Board of Directors.<\/p>\n<p><a href=\"https:\/\/redirect.viglink.com\/?format=go&amp;jsonp=vglnk_167302286497712&amp;key=5ef840cd8d8214611115d8a36d4f23a1&amp;libId=lckqd52801036gyw000DL6e625mzw&amp;loc=https%3A%2F%2Fwww.fightful.com%2Fwrestling%2Fvince-mcmahon-officially-back-wwe-board-directors&amp;v=1&amp;out=https%3A%2F%2Fotp.tools.investis.com%2Fclients%2Fus%2Fwwe%2FSEC%2Fsec-show.aspx%3FType%3Dhtml%26FilingId%3D16303052%26CIK%3D0001091907%26Index%3D10000&amp;ref=https%3A%2F%2Fwww.fightful.com%2Fwrestling&amp;title=Vince%20McMahon%20Officially%20Back%20On%20WWE%20Board%20Of%20Directors%20%7C%20Fightful%20News&amp;txt=by%20clicking%20here.\">In a new company filing<\/a>, McMahon and former presidents, Michelle Wilson and George Barrios, officially returned to the board. Alan Wexler, JoEllen Lyons Dillon, and Jeffrey Speed were removed.<\/p>\n<p>On Thursday, the Wall Street Journal reported that McMahon was angling for a return to the company in order to oversee and manage a potential sale of the company as well as content rights negotiations. <a href=\"https:\/\/www.fightful.com\/wrestling\/vince-mcmahon-officially-back-wwe-board-directors\">Fightful<\/a> is reporting that McMahon has changed the company bylaws so that media rights deals and a company sale cannot be finalized without his approval.<\/p>\n<p>McMahon released a press release on Thursday confirming the Wall Street Journal Report.<\/p>\n<p>&#8220;Mr. McMahon\u2019s new role will enable unified decision making through the Company\u2019s upcoming media rights negotiations and a parallel full review of the Company\u2019s strategic alternatives, which Mr. McMahon believes is the right course of action and in the best interests of WWE and WWE shareholders amidst the current dynamics in the media and entertainment industry,&#8221; the press release stated. &#8220;As Mr. McMahon has communicated to the Board, he believes there is a narrow window of opportunity to create significant value for all shareholders and that to do so, the strategic alternatives review must occur in tandem with the media rights negotiations. He also expressed to the Board that he believes these two initiatives require Mr. McMahon\u2019s direct participation, leadership, and support as controlling shareholder.&#8221;<\/p>\n<p>McMahon retired from WWE in the summer amidst allegations of sexual misconduct and hush money payments to employees with whom he allegedly had affairs with.<\/p>\n<hr \/>\n<p><strong>CATCH-UP:<\/strong> <a href=\"https:\/\/www.pwtorch.com\/site\/2023\/01\/05\/vince-mcmahon-reportedly-set-for-wwe-return-intends-to-help-manage-potential-sale-of-company\/\">Vince McMahon reportedly set for WWE return, intends to help manage potential sale of company<\/a><\/p>\n<div class=\"pwtor-end-article-groups pwtor-entity-placement\" id=\"pwtor-3308152134\"><div id=\"pwtor-2657915784\"><div align=\"center\" data-freestar-ad=\"__336x280\" id=\"pwtorchcom_medrec_3\">\r\n  <script data-cfasync=\"false\" type=\"text\/javascript\">\r\n    freestar.config.enabled_slots.push({ placementName: \"pwtorchcom_medrec_3\", slotId: \"pwtorchcom_medrec_3\" });\r\n  <\/script>\r\n<\/div>\r\n\r\nTHANK YOU FOR VISITING<\/div><\/div>","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>Vince McMahon is officially back on the WWE Board of Directors. In a new company filing, McMahon and former presidents, Michelle Wilson and George Barrios, officially returned to the board. Alan Wexler, JoEllen Lyons Dillon, <a class=\"mh-excerpt-more\" href=\"https:\/\/www.pwtorch.com\/site\/2023\/01\/06\/vince-mcmahon-officially-back-on-wwe-board-of-directors\/\" title=\"Vince McMahon officially back on WWE Board of Directors\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":14,"featured_media":141662,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,3],"tags":[184,71],"class_list":["post-152042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-prowrestlingnews","category-news_wwe","tag-vince-mcmahon","tag-wwe"],"jetpack_featured_media_url":"https:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/post\/2022\/06\/Vince-McMahon-Monday-Night-Raw.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/152042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/comments?post=152042"}],"version-history":[{"count":2,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/152042\/revisions"}],"predecessor-version":[{"id":152044,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/152042\/revisions\/152044"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media\/141662"}],"wp:attachment":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media?parent=152042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/categories?post=152042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/tags?post=152042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}