TKO continues to distance himself from Vince McMahon

[ad_1] While speaking in a conference on technology, media and telecommunications In San Francisco, hosted by Wall Street firm Morgan Stanley today (March 6), TKO president Mark Shapiro again reminded investors that Vince McMahon is no longer involved with WWE’s parent company in any capacity. McMahon resigned from all of his roles in TKO and … Read more

Vince McMahon will sell $412 million in TKO shares

[ad_1] Vince Mc Mahon Eugenio Gologursky/WireImage WWE founder Vince McMahon, who resigned from his positions as CEO and board member of TKO Group amid renewed scrutiny over sexual misconduct, is selling a substantial portion of his stake in the company. According to a securities filing on Tuesday, McMahon plans to sell 5.4 million shares of … Read more

Vince McMahon sells $412 million in shares of WWE parent company TKO

[ad_1] Vince McMahon, the WWE founder who resigned from the TKO Group board of directors earlier this year amid sexual assault allegations against him, filed to sell TKO shares worth $411.95 million, according to a regulatory document. McMahon’s sale comprised 5.35 million TKO shares, according to a SEC Filing Monday. This came after it sold … Read more

Vince McMahon Risk Weighs on TKO Stock; When asked about the explosive demand, WWE chief content officer Paul Levesque touts the company’s “Amazing Week”

[ad_1] Michelle Farsi/Zuffa LLC WWE continues to deal with the fallout from sexual abuse allegations faced by its former boss Vince McMahon, and shares of parent company TKO Group Holdings are falling as investors weigh the potential downsides. TKO shares fell 4.4% on Monday with nearly double their normal trading volume, closing at $82.73. The … Read more

TKO makes Vince McMahon’s resignation official

[ad_1] On the night of Friday, January 26, Vince McMahon resigned from all of his roles in WWE and its parent company TKO Group. The move came about 36 hours after Janel Grant’s lawsuit against McMahon and the professional wrestling company she ran for decades made headlines with disturbing details about the abuse and exploitation … Read more

Vince McMahon resigns from TKO after sexual misconduct allegations

[ad_1] Mike Coppinger, ESPNJanuary 26, 2024, 08:44 pm ET Vince McMahon, who co-founded the modern WWE in 1982, has resigned from his duties as CEO of TKO and from his position on TKO’s board of directors, he said in a statement provided to ESPN on Friday night. McMahon, 78, is leaving the publicly traded company, … Read more