WWE’s board of directors is experiencing a small shakeup. In the wake of the investigation of Vince McMahon over hush money paid to an employee, there have been several changes at the top of the company. Now, a member of the corporate board has announced his resignation.
According to PW Insider, a filing with the SEC dated July 6, 2022, reveals that Connor Schell has stepped down from his position on the board. An increased slate of responsibilities at The North Road Company, a content studio, led to his resignation. It was noted that there was no dispute with the company.
“(b) On July 6, 2022, Connor Schell resigned from the Board of Directors (the “Board”) of World Wrestling Entertainment, Inc. (the “Company”), effective immediately. Mr. Schell resigned from the Board due to an increased slate of responsibilities resulting from his new, expanded role at the newly formed The North Road Company, a global, multi-genre content studio. Mr. Schell’s decision to resign from the Board was not due to any dispute or disagreement with the Company, its management or the Board on any matter relating to the Company’s operations, policies or practices.”
It does not appear the resignation is related to the Vince McMahon scandal in any way. Connor Schell simply has other interests outside of the company that are taking up his time. There is no word on if or when a replacement will be named.
Connor Schell will now move on with his life’s work. Nick Khan and the remaining board members will need to find an adequate person to replace his lengthy experience in the content production industry. With a lot of uncertainty in the board room, it will be interesting to see who steps up.
What do you think of this story? Let us know in the comments!