VinceMcMahon cuts short retirement to return to WWE board following sexual misconduct scandal
Vince McMahon is back on the board of directors of WWE after retiring last summer amid allegations of sexual misconduct.On Friday, a filing with the U.S. Securities and Exchange Commission indicated that McMahon is now back on the board, along with former WWE co-presidents Michelle Wilson and George Barrios.
In a statement, McMahon explained his return was to guide the upcoming negotiations over WWE media rights. “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,” McMahon said in his statement. “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.
“WWE has an exceptional management team in place,” McMahon added, “and I do not intend for my return to have any impact on their roles, duties, or responsibilities.”
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