WWE stock soars as company discloses board changes, plans for strategic review

WWE WWE announced Friday that it was undergoing an exploration of strategic alternatives as founder Vince McMahon returns to the board of directors. McMahon, the controlling shareholder, removed three board members—JoEllen Lyons Dillon, Jeffrey R. Speed and Alan M. Wexler—from their roles, while two others resigned. He added George Barrios and Michelle Wilson, two former executives, to the board, along with himself.

WWE WWE announced Friday that it was undergoing an exploration of strategic alternatives as founder Vince McMahon returns to the board of directors. McMahon, the controlling shareholder, removed three board members—JoEllen Lyons Dillon, Jeffrey R. Speed and Alan M. Wexler—from their roles, while two others resigned. He added George Barrios and Michelle Wilson, two former executives, to the board, along with himself.

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Vince McMahon Removes Three WWE Board Members as Return to Company Takes ShapeVince McMahon has formally ousted three WWE board members as he returns to the sports entertainment giant that he retired from in July 2022 amid a sexual misconduct investigation. Per a new SEC fil… Tony Khan must be having a morning celebration right now!!! Oh no wwe about to be lame again I’m good on wrestling he be to unalived at this point Triple H and old man Vince should fight it out in the ring about who takes over.
Source: Variety - 🏆 108. / 63 Read more »