After it was announced that Vince McMahon had officially returned to WWE, it was reported that the company would be holding an “all hands on deck” meeting.
Although talent weren’t involved in the meeting, the future direction of the company was addressed, including Vince McMahon’s role.
Talent Not Involved In WWE Meeting
With the meeting now done and dusted, reports have begun to emerge about exactly what was discussed. A report from WrestlingNewsCo stated that it was stressed that the current management team would be staying in place. Furthermore, the latest changes were portrayed as positive developments, especially media rights deals and a potential sale of the company.
While McMahon would have the final word on any sale, interestingly, it was suggested that there was a “possible avenue” to take the company private again. Although this would only happen if it was “the best outcome for shareholders.”
A report from Fightful Select also reiterated that talent weren’t present at the meeting and it was stressed that day-to-day operations were not changing across the board.
On January 6th it was confirmed that Vince McMahon was back with WWE. The official news came via a WWE press release, which also detailed a number of changes in the boardroom. It was announced that McMahon had returned to the Board along with Michelle Wilson and George Barrios while JoEllen Lyons Dillon, Jeffrey R. Speed and Alan M. Wexler were removed.
It was also announced that Ignace Lahoud and Man Jit Singh have resigned from the Board with immediate effect. It has been reported that Man Jit Singh was the lead investigator on the internal Vince McMahon investigation.