WWE submitted a thorough legal document to the SEC. It explains his strategy for regaining control of the WWE Board. The filing also mentioned the removal of JoEllen Lyons Dillon, Jeffrey R. Speed, and Alan M. Wexler as directors without cause.
Vince McMahon has reentered WWE, thanks to using the company’s impending media rights deals as leverage to regain power. After all, he was always majority shareholder, so he can do whatever he likes with his company. Along with Vince McMahon, George Barrios, and Michelle Wilson have filled the open positions on the Board of Directors. Mr. McMahon already stated his intention to return to WWE, and it has now become a reality.
Vince McMahon is back to dictate the direction the company is going to go. He did so even if it meant taking out the current board members. WWE fans have a lot to speculate about and expect as this story rages on.
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