WWE Board Members Resigned Because They Didn’t Agree With Vince McMahon’s Return

Vince McMahon ruthlessly maneuvered his way back to WWE and that didn’t sit well with fans and talent alike. The billionaire reinstated himself and close aides to the Board of Directors in a huge power move.

McMahon’s return to the Stamford-based promotion prompted two WWE board members to part ways with the company. One of them, Man Jit Singh, was the leading investigator on the Vince McMahon investigation internally.

WWE recently confirmed in their new 8-K filing that both Singh and Ignace Lahoud stepped down from their positions on the board because they disagreed with the billionaire’s return to the company.

“While Messrs. Lahoud and Singh agreed with the Board’s decision to explore the Company’s strategic alternatives, they did not agree with Mr. McMahon’s return at this time.”

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Stephanie McMahon resigned from her position as co-CEO in the wake of Vince McMahon’s take over as chairman of the company. The boss expressed support for her daughter’s decision.

Vince McMahon is facing lawsuit after his WWE return as well. According to the proposed class action, McMahon timed his return to seize control of upcoming negotiations over WWE’s expiring media rights, the “lifeblood” of the business.

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