Vince McMahon has made his return to Titan Tower.
PWInsider has confirmed that WWE Executive Chairman Vince McMahon was spotted back at Titan Tower in Stamford, Connecticut. It also appears McMahon is back in his old office as well.
Despite rumors of Vince being seen at the location even as far as during his “retirement”, this marks the first official sighting of McMahon back at work from PWInsider.
Dave Meltzer of the Wrestling Observer had already reported McMahon being back at his office a couple of weeks ago, so PWInsider now reporting the same just adds further evidence of it being true.
On January 5, it was reported that Vince McMahon had returned to the WWE Board of Directors.
Vince McMahon had announced plans to return to WWE to “enable unified decision making through the Company’s upcoming media rights negotiations and a parallel full review of the Company’s strategic alternatives.”
Paul Levesque (Triple H) told WWE talent in a meeting before SmackDown on January 13 and before Raw on January 16 that nothing would change on the creative side of things and he would still be the person heading that up. He did say he and McMahon “may have discussions”, but Levesque is the one making final decisions.
However, it’s worth remembering that WWE did hold a meeting with employees (not talent) a week earlier and the message was “business as usual” and that no management would be changing, and then Stephanie McMahon resigned just days later, so it seems even what’s being said in the meetings is a fluid situation and things may change.
On January 6, using his power as majority owner, Vince McMahon put himself and former WWE presidents George Barrios and Michelle Wilson back on the company’s Board of Directors, disposing of JoEllen Lyons Dillon, Jeffrey R Speed, and Alan M Wexler in the process.
McMahon had stated that his intention was to facilitate a sale of the company.
He changed bylaws to ensure that no sale or media rights deal could be completed without his approval, but would later repeal several bylaw changes after lawsuits were filed against him over them.
Upon McMahon’s return, two further Board members resigned of their own volition, those being Man Jit Singh – who was the one heading up the Board’s investigation into McMahon – and Ignace Lahoud.
Stephanie McMahon then resigned from her role as co-CEO and Chairwoman and her position on the Board on January 10, as Vince McMahon was elected Executive Chairman.
On January 15, Dave Meltzer of the Wrestling Observer reported that Vince McMahon was back in his office and had been “suggesting changes” to different departments.
On January 17, WWE made a new SEC filing stating that, as of January 16, Vince McMahon no longer needs stockholders’ approval for his actions.
There has been much speculation that Vince McMahon was looking to sell to a party that would commit to keeping him in charge of the company despite the multiple sexual assault allegations that have surfaced in the past year that led to his initial ‘retirement’ in July.
There are three known lawsuits that have been filed against McMahon since his return, which you can read about here.
You can keep up with all the latest news and updates on a potential WWE sale by clicking here.
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