Vince McMahon said that he chose himself as the acting chairman of WWE in a bold return to the company following the sexual misconduct scandal. Today we will discuss about Vince Mcmahon: Sexual misconduct| To sell wwe.
Vince Mcmahon: Sexual misconduct| To sell wwe
Vince McMahon is returning to World Wrestling Entertainment, months after retiring from the company following a sexual misconduct scandal. Shares of the company rose 10% in the hours following McMahon’s Thursday announcement.
Sexual misconduct
Vince McMahon resigned from his position as CEO and Chairman of WWE following allegations of sexual misconduct. Now that two women are seeking legal damages from McMahon for sexual assault, according to a Wall Street Journal story published on December 13, the wrestling kingpin is plotting a return to his empire.
To sell wwe
Former WWE CEO McMahon plans to sell the company to return to the pro-wrestling promotion. He is the majority owner of WWE, retired from his position as chief last year amid allegations of sexual misconduct, leaving his daughter Stephanie McMahon to take over as chairman and co-CEO alongside Nick Khan. Diya, who previously served as the company’s chairman.
My Vince McMahon prediction I made two weeks ago hahahahhahaha 🔮 pic.twitter.com/MUwcFjqKTo
— Denise 'Hollywood' Salcedo (@_denisesalcedo) January 6, 2023
Why is Vince famous?
From 1982 to 2022, he served as chairman and chief executive officer (CEO) of WWE, the world’s largest professional wrestling company, of which he is still a majority owner and wields most of the voting power. He is also the founder and owner of Alpha Entertainment. Pinehurst, North Carolina, US
Who is the real owner of WWE?
Vince is the chairman and CEO of the entertainment company World Wrestling Entertainment (WWE), which generates approximately $1 billion in annual revenue.