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Linda McMahon Plans to Forfeit Trump Media Stock Award If Confirmed


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Published in Media and Entertainment on Friday, February 7th 2025 at 18:44 GMT by MSN   Print publication without navigation

  • Linda McMahon, President Donald Trump's pick to lead the Department of Education, plans to forfeit a stock award from Trump Media & Technology Group Corp. if confirmed.

Linda McMahon, co-founder of WWE and a former Trump administration official, has been nominated to join the board of Trump Media & Technology Group (TMTG). In light of her nomination, McMahon has committed to forfeiting a significant stock award from TMTG if she is confirmed to the board. This decision comes as part of her effort to avoid any potential conflicts of interest, especially given her past political affiliations and roles. The stock award in question is valued at approximately $6 million, which she would have received upon the merger of TMTG with Digital World Acquisition Corp. Her move to decline this compensation underscores her intent to maintain ethical standards in her new corporate role.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/linda-mcmahon-plans-to-forfeit-trump-media-stock-award-if-confirmed/ar-AA1yBAf2 ]

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