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Mark Shapiro and Vince McMahon (Source: X)
Following serious allegations of sexual trafficking and misbehavior from former WWE employee Janel Grant, Vince McMahon resigned from both TKO Holdings and WWE. Interestingly, Mark Shapiro has now shared his opinions on the current status of WWE after recently meeting McMahon.
Following his departure, a number of Vince McMahon's TKO stocks would be sold. In an interview with CNBC Sports, TKO COO Mark Shapiro talked on Vince McMahon's current role in the WWE. He explained that McMahon is no longer involved in the decisions the company makes on a daily basis.
In order to check in, Mark Shapiro said he had breakfast with McMahon a few weeks ago. It was their first time meeting in a long time. He claimed that although McMahon was amiable and highly professional, he was no longer employed by the company. McMahon is not contacted by WWE, does not sit on the board, and does not make decisions. At the same time, Shapiro said McMahon desires privacy as he works through some legal concerns.
Watch here the video:
TKO Group COO Mark Shapiro says Vince McMahon is completely GONE from the company.
— EliteRockerz 𝕏 (@EliteClubS0B) November 7, 2024
“He’s out of the business entirely. He doesn't make decisions. He's out of the board. We don't consult him.”
I PRAYED FOR TIMES LIKE THIS 😭🔥
pic.twitter.com/eXe0RUw6OI
Shapiro guaranteed that TKO and WWE would continue to develop and flourish. Although his stake in the business has decreased, McMahon still holds shares in it. Although he wasn't particularly asking for McMahon's view, Shapiro stated that McMahon favors WWE's path when asked if he supports it.
Vince McMahon resigned as TKO Group's executive chairman
According to earlier reports, Vince McMahon is concentrating on his current endeavors, including establishing a new entertainment firm specializing in film and television productions. That being said, McMahon will never be involved with WWE, and it is doubtful that this will change very soon.