Vince McMahon’s abrupt retirement from WWE leaves more questions than answers, explains JustinBarrasso
to announce his retirement.Amid an ongoing investigation into reports that he paid millions of dollars to hush sexual misconduct and infidelity claims by four women,from his position as WWE CEO. He was still acting as the head of creative, but that will no longer be the case, as he is officially stepping down from all his roles, sources close to the situation have confirmed.
WWE has replaced McMahon with co-CEOs Stephanie McMahon and Nick Khan. But it is unlikely that McMahon, 76, will be quietly living out his retirement. He is still WWE’s largest shareholder. McMahon owns the bulk of shareholding voting power, meaning he remains the most powerful individual in the entire company.
The timing of the announcement was also strategic. WWE announced on Friday morning that Paul “Triple H” Levesque had resumed his post as EVP, Talent Relations. Levesque had been away from the role while he recovered from a heart-related health scare that resulted in a defibrillator being placed in his chest. So the company was prepared with news to counter McMahon’s, as Triple H’s return was extremely well-received among the talent.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why the Respect for Marriage Act may passOPINION: On Tuesday, the House passed a same-sex marriage bill with every Democrat and 47 Republicans supporting. This contrasts with the Democrats' embrace in the 1990s of legislation defining marriage as only between a man and woman.
Read more »
A discarded coffee cup may have just helped crack this decades-old murder caseDavid Sinopoli was charged Sunday in the 1975 killing of Lindy Sue Biechler. Investigators chased down leads for decades, but it wasn't until advanced DNA analysis was done that he became a suspect.
Read more »
Porsche May Have To Significantly Cut Valuation Expectations For IPO | CarscoopsPorsche could have been valued at as much as €100 billion but that may have dropped to €60 billion
Read more »
The DOJ's Trump paralysis may be crackingMany pundits, politicians and activists have spent the past year and change begging Attorney General Merrick Garland to seriously consider whether Trump
Read more »
NJ COVID Patient Told He May Not Live, Returns Home 9 Months Later After Lung TransplantIt was quite the homecoming for Rob Alongi, who was put on a ventilator and his family told he may not survive after getting COVID in Oct. 2021. But nine months and a double lung transplant later, the New Jersey dad went home to hug his family for the first time in months
Read more »
The James Webb Space Telescope May Have Already Found The Oldest Galaxy Ever SeenJust a week after its first images were shown to the world, the James Webb Space Telescope may have found a galaxy that existed 13.5 billion years ago, a scientist who analyzed the data said Wednesday.
Read more »