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World Wrestling Entertainment confirmed on Friday that former CEO and majority shareholder Vince McMahon will be reinstated to the company’s board. “Today, we announce that the founder of WWE, Vince McMahon, will be returning to the Board,” WWE executives said in a Friday press release. He also said he would bring back former co-presidents Michelle Wilson and George Barrios as board directors. Three current board members, JoEllen Lyons Dillon, Jeffrey Speed and Alan M. Wexler, were removed from their positions. Even during his leave, McMahon maintained control over the company as a majority shareholder.
Vince McMahon Plots Return to WWE
  + stars: | 2023-01-06 | by ( Lauren Thomas | ) www.wsj.com   time to read: 1 min
WWE owner Vince McMahon told the company that he plans to elect himself to its board, people familiar with the matter said. Vince McMahon , the majority owner and former chief executive of World Wrestling Entertainment Inc., plans to return to the company following his retirement last year amid a sexual-harassment scandal to pursue a sale of the business, according to people familiar with the matter. Mr. McMahon, who has majority voting power through his ownership of WWE’s Class-B stock, has told the company that he is electing himself and two former co-presidents and directors, Michelle Wilson and George Barrios , to the board, the people said. The move to reinstate Mr. McMahon, which the board previously rebuffed, and the others will require three current directors to vacate their positions.
Vince McMahon, WWE's former CEO, has returned to the board, the company announced Friday. McMahon retired from the company in July amid misconduct allegations made against him. It comes less than six months after McMahon announced he was retiring from the company in July 2022, amid a board investigation into hush payments McMahon allegedly made to former female employees who had made misconduct allegations against him. But McMahon made clear that without his direct involvement, he would not approve any rights deals or a sale, WSJ reported. The board began investigating last year millions of dollars McMahon had paid several women who had made misconduct allegations against him.
Former WWE boss Vince McMahon said he would return as executive chairman Thursday. McMahon announced a review into upcoming media rights negotiations and could reportedly be preparing to sell the company. McMahon retired last year over a sexual misconduct scandal. McMahon said he would lead those negotiations as WWE's executive chairman and would launch a strategic review into other possible broadcast partners. He retired as WWE chief executive and chairman last year amid an ongoing internal board investigation into sexual misconduct claims against him.
WWE shares jump as Vince McMahon stages comeback
  + stars: | 2023-01-05 | by ( Rebecca Picciotto | ) www.cnbc.com   time to read: +2 min
Vince McMahon is staging a comeback at World Wrestling Entertainment , months after he retired from the company over a sexual misconduct scandal. McMahon said that his return is necessary as the company gears up for negotiations over media rights and strategic alternatives. WWE, which styles itself as a media company, has been mentioned as a potential acquisition target. McMahon retired last year amid an investigation into payments the former CEO made regarding alleged instances of sexual misconduct. A special committee probe found that McMahon had paid nearly $15 million to four women over the course of 16 years in order to silence sexual misconduct allegations.
Jan 5 (Reuters) - Vince McMahon, the former chief of World Wrestling Entertainment (WWE.N), plans to return to the company that he transformed from a regional player in a highly fragmented industry of the 1980s to a global giant, he said in a statement on Thursday. McMahon said that he expects to assume the role of executive chairman at WWE, to involve himself in the company's media rights negotiation process and review of strategic alternatives. McMahon, who has majority voting power in the company, has informed WWE that he is electing himself and two former co-presidents and directors Michelle Wilson and George Barrios to the board. The former executive, who ran the company for four decades, said that the only way for WWE to fully capitalize on growing demand for content and live entertainment was for him to return as executive chairman. McMahon retired in July last year as the company's CEO and chairman, following an investigation into his alleged misconduct.
WWE confirms former chief Vince McMahon's return to board
  + stars: | 2023-01-05 | by ( ) www.reuters.com   time to read: +1 min
Jan 6 (Reuters) - Vince McMahon, the former chief of World Wrestling Entertainment (WWE.N), is returning to the board of the company that he transformed from a regional player in a highly fragmented industry of the 1980s to a global giant, WWE said on Friday. Shares of the entertainment firm rose about 16%, as WWE also said that it would explore strategic alternatives confirming an earlier statement by McMahon. McMahon, 77, said on Thursday that he expects to assume the role of executive chairman at WWE, to involve himself in the company's media rights negotiation process. The company did not state what position Vince McMahon would hold at the board. McMahon retired in July last year as the company's CEO and chairman, following an investigation into his alleged misconduct.
Several Latinos whose lives and work left a profound imprint on American institutions — from arts and entertainment to legal and civil rights — passed away in 2022. Cavazos began his education in a two-room schoolhouse on the King Ranch in Texas, where his father was a foreman. President Reagan named Cavazos Secretary of Education in 1988, making him the first Hispanic ever to serve in the U.S. Together, “Luis” and Maria” showed young audiences that Latinos were people who worked, fell in love and were part of their community. Her goals were to give Latinos a presence in the dance world, and to instill pride in Hispanic culture.
REUTERS/Luis EcheverriaMONTREAL, Dec 11 (Reuters) - Here's the plan: Select 100 companies whose business burdens nature. Such is the vision of a campaign called "Nature Action 100" launched on Sunday by 11 investment firms hoping to encourage companies to help preserve ecosystems that support more than half the world's economic output. "The aim of Nature Action 100 is to engage those companies that have the highest impact on nature, not only to protect the natural environment but also to mitigate the risks these companies face from mounting pressure to effectively address biodiversity issues," Wearmouth said in a statement. The list of 100 companies will be published next year. Nature Action 100 would seek to select 100 companies for investors to focus on in suggesting how the private sector can navigate any new rules and monitoring their progress, the group said.
The broken commitment, which has not previously been reported, highlights the struggles of Mexico's oil regulator to rein in Pemex, a powerful state monopoly that is always closely connected to the government. The oil company has in recent quarterly reports stressed it was making efforts to clean up its operations and bring down flaring and other waste. Earlier this year, under increasing international criticism, Lopez Obrador said Pemex would invest $2 billion to improve infrastructure to reduce flaring and methane emissions. The regulator said in 2020 the company wasted 37.7% of the gas from Ku alone through flaring, venting or otherwise. One source said the regulator fined Pemex again for recurrence in 2021 but the oil company started legal proceedings to annul the fine, which are still pending.
„Părinţii ne ajută să devenim oameni, cărţile să rămânem.” 15 citate mereu actuale despre cărțiCartea este hrana noastră spirituală care nu ne lasă să uităm cuvintele și ne ajută în cultivarea unui vocabular bogat. „Nu poţi deschide o carte şi să nu înveţi ceva.” – Confucius#2. „Părinţii ne ajută să devenim oameni, cărţile să rămânem.” – Aurelian Silvestru#8. O carte din bibliotecă ţine la fel de mult ca o casă, pentru sute de ani. O carte este ca un vis pe care îl împrumuţi de la un prieten.” – Dave Kellett
Persons: Confucius, Costel, Dostoievski, Aurelian Silvestru, Nicky, Michel de Montaigne, Barbara, Paul Sweeney, Mihai Eminescu, Thomas Jefferson, Dave Organizations: citate.blog
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