Linda Marie McMahon (née Edwards; born October 4, 1948) is an American former professional wrestling executive who served as the 25th Administrator of the Small Business Administration from 2017 to 2019.
|25th Administrator of the Small Business Administration|
February 14, 2017 – April 12, 2019
|Preceded by||Maria Contreras-Sweet|
|Succeeded by||Chris Pilkerton (acting)|
Linda Marie Edwards
October 4, 1948
New Bern, North Carolina, U.S.
Vince McMahon (m. 1966)
|Relatives||See McMahon family|
|Education||East Carolina University (BA)|
McMahon, along with her husband Vince McMahon founded sports entertainment company Titan Sports, Inc. (what is now WWE) where she worked as the president and later CEO from 1980 to 2009. During this time, the company grew from a small regional business in the northeast to a large multinational corporation. As president and later CEO of the company, she initiated the company's civic programs, Get REAL and Smackdown Your Vote. Occasionally McMahon made on-screen appearances, most notably in a wrestling "feud" with her husband that culminated at WrestleMania X-Seven.
In 2009, McMahon left WWE to run as a Republican for a seat in the United States Senate from Connecticut, but lost to Democratic Party nominee Richard Blumenthal in the general election of 2010. She was the Republican nominee for Connecticut's other Senate seat in the 2012 race, but lost to Democratic Representative Chris Murphy.
On December 7, 2016, President-elect Donald Trump announced that he would nominate McMahon to be the Administrator of the Small Business Administration. The Senate confirmation hearing began on January 24, 2017. On February 1, 2017, her nomination was approved by the Senate Committee on Small Business and Entrepreneurship on an 18–1 vote and confirmed by the full Senate on February 14, 2017 by a vote of 81–19.
On March 29, 2019, it was officially made public by the Trump administration that McMahon would be stepping down as the Administrator of the Small Business Administration to assume new responsibilities within Trump's re-election campaign. The resignation took effect on April 12, 2019. On April 15, 2019, McMahon was officially named Chairman of America First Action, a pro-Trump Super PAC.
McMahon was born Linda Marie Edwards in New Bern, North Carolina, the daughter of Evelyn and Henry Edwards. She was an only child and grew up as a "tomboy," playing basketball and baseball. Her parents were both employees at Marine Corps Air Station Cherry Point, a military base. She grew up in a conservative Baptist family, but converted to Roman Catholicism in her later years.
Vince's mother became good friends with the Edwards family, and Vince, who had lived with several abusive stepfathers, enjoyed the feeling of stability that he felt at the home. Edwards and McMahon dated throughout their high school years. She attended Havelock High Schooland Vince attended nearby Fishburne Military School. During this time, Vince was a "permanent fixture" at her home, spending hours with Linda and her family. He attended East Carolina University, studying business administration. Edwards was an honors student in high school and aspired to become a pediatrician.
Shortly after her high school graduation, Vince asked her to marry him. They married on August 26, 1966, when she was 17. She enrolled at East Carolina University in 1966, where she obtained a bachelor's degree in French, and gained certification to teach. From 1968 to 1971, Vince worked as a traveling cup salesman before joining his father's company, the World Wide Wrestling Federation (WWWF, now WWE). Linda finished college in three years so she could graduate with Vince. Their son Shane was born in 1970, followed by daughter Stephanie in 1976.
In 1969, the McMahons moved to Gaithersburg, Maryland. McMahon worked as a receptionist at the corporate law firm of Covington & Burling. She translated French documents and trained as a paralegal in the probate department and studied intellectual property rights.
Financially, the couple fared poorly for several years, and in 1976, while pregnant with Stephanie, McMahon and her husband filed for bankruptcy. They briefly received food stamps, until her husband took on a 90-hour-a-week job at a quarry.
By 1979 Vince decided to start his own wrestling company. He purchased the Cape Cod Coliseum in Massachusetts and founded Titan Sports, Inc. in 1980. The McMahons held small hockey and other sporting events in addition to wrestling at the Cape Cod Coliseum. At one point, Linda cooked meatball sandwiches to feed the fans at these sporting events. As the company grew, Linda assisted Vince with administration and used her knowledge of intellectual property law to assist in trademark protection for the company. During much of those early years, she had little interest in professional wrestling.
In 1982, Vince McMahon purchased Capitol Wrestling, better known as the World Wide Wrestling Federation (WWWF), from his father. He later expanded his market by airing WWF shows on national television.
World Wrestling Federation/EntertainmentEdit
The McMahons founded Titan Sports, Inc. in 1980. Many workers in the company referred to her as the "co-chief executive." McMahon became president in 1993 and CEO of the company in 1997. The company's explosive growth and the way it transformed the wrestling industry caused some observers to label her and Vince "business geniuses."
One of her major interests in WWF and WWE was product merchandising. She negotiated many of the company's business deals with outside vendors, establishing the company's first line of action figures, Wrestling Superstars, in 1984. It was a first in the wrestling industry and helped expand the company's popularity with children. In more recent years, she was the primary negotiator for the World Wrestling Federation's 2000 TV deal with Viacom.
During an interview with The Detroit News, when asked what it was like being CEO in a "testosterone-charged industry," McMahon replied, "It's lots of fun. I'm an only child, so I grew up as my father's son and mother's daughter. I was quite a jock. I played baseball, basketball—I think that background made Vince and I very compatible. I really have a very good understanding of the male psyche—I'm very comfortable in a guy environment. I have to say that there are very strong women in this company as well. Our human resources division and our consumer goods division are headed by women—It's still a testosterone business, and I like it."
McMahon's memorandum to Pat PattersonEdit
In a 1989 memo to the company's vice president, Pat Patterson, McMahon directed Patterson to fire on-call physician George Zahorian and inform him of imminent legal charges charging him with steroid distribution.
Although you and I discussed before about continuing to have Zahorian at our events as the doctor on call, I think that is now not a good idea. Vince agreed, and would like for you to call Zahorian and to tell him not to come to any more of our events and to also clue him in on any action that the Justice Department is thinking of taking.— Linda McMahon, Dec. 1989 memo.
This memo became known publicly as the "Tip-Off Memo" during her campaign for Senate in 2010. It became a political liability used against her in both the nomination and general election campaigns.
Federal steroids investigation (2007–2009)Edit
Following the murder-suicide of Chris Benoit in 2007, the Oversight and Government Reform Committee investigated steroid usage in the wrestling industry. The Committee investigated WWE and Total Nonstop Action Wrestling (TNA), asking for documentation of their companies' drug policies. The McMahons both testified. The documents stated that 75 wrestlers—roughly 40 percent—had tested positive for drug use since 2006, most commonly for steroids.
McMahon was asked why there had been no follow-up during a televised interview with CBS Face the State on January 20, 2010 and responded: "There's not been any follow-up from any of the inquiries that were made because I believe we had furnished thousands of documents and testimony for them, and I think if they looked at our policy and really delved into it, they would be very satisfied."
In July 2008, WWE changed its TV parental guidelines rating from TV-14 to TV-PG. In December 2008, at a UBS Media Conference, McMahon described the new rating as a marketing strategy to attract a young generation of wrestling fans and create loyalty to the brand. Due to the TV-PG rating, chair shots to the head were banned, as well as sex scenes, blood, and vulgar language.
Some older fans, long-accustomed to more realistic violence, sexual themes and controversy, felt alienated by WWE's programming change. There has been speculation that McMahon devised the PG-rating change in 2008 to improve WWE's public image in preparation for her political campaign.
During the 1980s, the WWF successfully overcame considerable opposition and some media ridicule in lobbying for deregulation in Connecticut, Delaware, Michigan, New Jersey, California, Florida, Pennsylvania, and Texas. By 2000, fewer than half of the 50 states had athletic regulations on the wrestling industry.
Following common practice in professional sports, WWE classifies its wrestlers as independent contractors rather than employees. The classification allowed the company to avoid paying Social Security, Medicare and unemployment insurance for wrestlers. McMahon stated the WWE wrestlers had lucrative contracts, merchandising deals, royalty payments, and appearance fees. She noted that many of the wrestlers had agents and considered them to be on par with "singers, golfers, or tennis players." The company offered seminars to help wrestlers select health insurance plans.
During her 2010 campaign, Blumenthal's campaign criticized her and WWE for accepting the tax credits while laying off workers in 2009.
McMahon often referred to the creative side of WWE as Vince's specialty, stating that she was primarily in the management team, although she appeared in several storylines. McMahon debuted on WWF TV during the Corporate Ministry storyline, on the May 3, 1999, episode of Raw. During an interview with Fox News, she said that she often did not know what the storylines were in advance and watched events unfold as the general public did.
Through WWE, the McMahons were major donors to The Donald J. Trump Foundation, giving $4 million in 2007 and $5 million in 2009. The McMahons donated over $8 million in 2008 to the Fishburne Military School, Sacred Heart University, and East Carolina University. Nonprofit Quarterly noted the majority of the McMahons' donations were towards capital expenditures. In 2006, they paid $2.5 million for construction of a tennis facility in Ebensburg, Pennsylvania. As of 2010, she served on the board of the Close Up Foundation, a nonprofit which offers youth field trips to Washington, D.C.
McMahon launched the company's Get R.E.A.L. program to deliver positive messages about education to young adults. The program encouraged literacy through public service announcements, posters, and bookmarks featuring wrestling superstars. In 2000, the American Library Association reported the WWF's Know Your Role poster was its highest-selling poster for two straight months. Since 2006, thousands of posters featuring WWE superstars have been distributed to libraries and reading facilities.
SmackDown! Your Vote campaignEdit
McMahon initiated WWE's non-partisan voter registration campaign, "SmackDown! Your Vote," in August 2000. The campaign targeted the 18-to-30 voter demographic, making use of online marketing, public service announcements, and youth voting partnerships. The campaign, which registered 150,000 new voters during the 2000 election, was started in coalition with MTV's Choose or Lose, Project Vote Smart, and Youth Vote 2000. As of the 2008 election, it listed 14 voter registration partner organizations. During the 2008 presidential election, Smackdown your Vote! registered many voters online, often in affiliation with Rock the Vote.
The McMahons began supporting the Special Olympics in 1986. McMahon first developed an interest in the Olympics from her friendship with NBC producer Dick Ebersol and Susan Saint James, who encouraged them to participate in the mid-1980s.
She met Lowell Weicker, whose son is developmentally-disabled, through the Special Olympics. In 1995, as Connecticut Governor, Weicker appointed Linda McMahon to the Governor's Council for the World Special Olympics.
McMahon became a member of the board of trustees of Sacred Heart University in Fairfield, Connecticut in November 2004. She supported many organizations, including the USO, the Make-A-Wish Foundation, the Multiple Myeloma Research Foundation, the Starlight Foundation, and Community Mayors. In 2005, she won appointment to The Make-A-Wish Foundation of America National Advisory Council and received the Arthur M. Sackler Award from the Connecticut Grand Opera and Orchestra for WWE's support of its arts education program.
On January 29, 2007, Multichannel News named McMahon to its class of "Wonder Women" for 2007. The award recognized her outstanding contributions to the cable and telecommunications industries. In May 2007, she appeared as the keynote speaker at the Girl Scout Council of Southwestern Connecticut's Women of Achievement Leadership Breakfast. McMahon was a Girl Scout.
Under her leadership, WWE was the recipient of the USO of Metropolitan Washington's first ever "Legacy of Hope" award for its extensive support of U.S. troops and the USO's Operation Care Package program. In 2007, the company received the Secretary of Defense Exceptional Public Service Award for its support of deployed service members in Iraq and Afghanistan. In 2008, the company received the GI Film Festival's Corporate Patriot Award.
Connecticut Board of EducationEdit
She went through a confirmation process in the Connecticut State Assembly where she was questioned on her record as CEO of WWE. The State Senate approved her nomination by a vote of 34–1 and the House by 96–45 with some opponents expressing concerns that the nature of her WWE activities would send the wrong message. State representative Bruce Morris claimed she lacked "depth of knowledge regarding education." However, state representative John Hetherington said it "would be good to have someone outside the establishment on the board."
On April 1, 2010, McMahon resigned from the State Board of Education, because state law does not allow board members to solicit campaign contributions.
2010 U.S. Senate campaignEdit
|Linda McMahon for Senate 2010|
|Campaign||U.S. Senator from Connecticut|
|Headquarters||West Hartford, Connecticut|
|Key people||Ed Patru (spokesman)|
|Slogan||A businesswoman, not a politician, for Connecticut|
On September 16, 2009, McMahon announced her candidacy for U.S. Senator from Connecticut. She announced she would spend up to $50 million of her own money to finance her campaign and refused outside donations, the third most ever spent on a senatorial campaign. She ran for the Republican nomination, campaigning on promises of lower taxes, fiscal conservatism, and job creation. She campaigned as socially moderate, and identified herself as pro-choice while also opposing partial-birth abortion and federal funding for abortions. Her mail, radio, television, and Internet advertisements quickly gained name recognition and strong poll numbers over her opponents.
McMahon's spending became a key argument of one of her rivals, former Congressman Rob Simmons, who accused her of "buying the election". McMahon and Simmons engaged in a frequently bitter contest. At the party convention, McMahon received the most support, but Simmons received enough votes to qualify for the ballot for the August 10 primary, although he was not actively campaigning. In late July—two weeks before the primary—however, Simmons relaunched his campaign by airing ads on TV reminding voters that his name would be on the ballot, participating in debates, and accepting interviews with editorial boards. A third candidate, Peter Schiff, qualified for the ballot by submitting petition signatures. McMahon defeated her opponents and faced Richard Blumenthal in the general election, losing by 11%.
2012 U.S. Senate campaignEdit
Immediately after her loss to Blumenthal, McMahon hinted she would run again for Senate in 2012. McMahon maintained a high profile following the election, running television ads, campaigning for politicians, and making frequent media appearances. When Joe Lieberman announced he would retire from the U.S. Senate, she became the Republican Party favorite for the 2012 election.
On September 20, 2011 in Southington, Connecticut, McMahon officially announced her candidacy. On May 18, 2012, McMahon earned the endorsement of the state Republican Party at the Connecticut State Republican Convention by a delegate vote of 658 to 351 over the next-highest candidate, former congressman Chris Shays. The two were the only candidates to qualify for the primary, which took place on August 14, 2012. McMahon defeated Shays by a three-to-one margin, spending $15.7 million of her money on the campaign. She faced Democratic Representative Chris Murphy in the general election and lost, marking her second consecutive defeat.
Following her election defeats, McMahon committed herself to becoming a major Republican fundraiser and donor. She donated to groups such as American Crossroads and Ending Spending Fund, and associated with fellow mega donor Paul Singer.
As the 2016 Republican nomination process began to gear up in early 2015, McMahon, Singer, and Charles R. Schwab were among donors and prospective-candidate representatives who attended a daylong meeting near Jackson Hole, Wyoming that was hosted by TD Ameritrade founder Joe Ricketts and his son Todd, and featured "several Republican donors who favor[ed] same-sex marriage and immigration reform".
After Donald Trump made an appearance at WrestleMania 23 in 2007, the McMahons donated $5 million to the Donald J. Trump Foundation in addition to the payment for the appearance. In 2016, McMahon donated $6 million to Rebuilding America Now, a Super PAC with the purpose of electing Donald Trump as US president, and in 2015 and 2016 combined, $1.2 million to Future 45, a Super PAC which funded anti-Bernie Sanders advertisements.
Small Business AdministrationEdit
With her pending nomination to become Administrator of the Small Business Administration, examination of McMahon's record in preparation for her facing United State Senate confirmation began. Among other media attention she received in December was from The Wall Street Journal which noted that "[a]s part of her 2012 campaign, [the nominee's] economic plan called for getting rid of 'outdated/ineffective and duplicative programs,' and expressed support for a 2012 proposal by President Barack Obama to merge the SBA, the Commerce Department's core functions and four other entities into one unit". The merger proposal which did not proceed far toward approval at the time would have eliminated the Cabinet-level post to which McMahon is now nominated. The Connecticut Post of Bridgeport, Connecticut examined issues of potential conflicts of interest from remaining WWE stock holdings and other financial assets as well as of the relationship between WWE and smaller businesses in the wrestling world, with critics and supporters cited. The Hill provided a venue for two industry representatives to specify how they hoped McMahon would reform the agency she's been tapped to lead.
In 2017, she went on a 68-city tour of the U.S. to hear from small business owners and to support the tax reform plan supported by President Trump. She pitched federal tax cuts.
On March 29, 2019, three sources close to McMahon told Politico that she would depart from the SBA to Chair America First Action, a pro-Trump Super PAC. This was confirmed later that afternoon in a joint press conference at Trump's Mar-a-Lago. The resignation took effect on April 12, 2019.
|Republican||Linda E. McMahon||60,479||49|
|Republican||Linda E. McMahon||498,341||43||+11|
|Independent||Warren B. Mosler||11,275||1||N/A|
|Connecticut for Lieberman||Dr. John Mertens||6,735||<1||N/A|
|Write-in||Write-in candidates (8)||724||0||N/A|
Note: Blumenthal also appeared on the line of the Connecticut Working Families Party and received 30,836 votes on it. His Working Families and Democratic votes have been aggregated together on this table.
|Republican||Linda E. McMahon||83,413||73|
|Republican||Linda E. McMahon||615,273||43|
Note: Murphy also appeared on the line of the Connecticut Working Families Party and received 37,553 votes on it. His Working Families and Democratic votes have been aggregated together on this table.
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- "Democrat Murphy beats GOP's McMahon in Connecticut Senate race". Los Angeles Times. November 6, 2012.
- Parti, Tarini; Burns, Alexander (May 22, 2014). "Linda McMahon ready to rumble as mega-donor". Politico. Retrieved July 11, 2014.
- Confessore, Nicholas and Jonathan Martin, "G.O.P. Race Starts in Lavish Haunts of Rich Donors", The New York Times, February 28, 2015; retrieved March 2, 2015.
- Helderman, Rosalind S.; Fahrenthold, David A. (April 10, 2016). "Missing from Trump's list of charitable giving: His own personal cash". The Washington Post. Retrieved March 15, 2018.
- Individual Contributions Arranged By Type, Giver, Then Recipient, Federal Election Commission. Retrieved March 15, 2018.
- "Linda McMahon Stays Mum on Presidential Race but Remains Active Behind the Scene". Courant.com. February 22, 2016. Retrieved December 8, 2016.
- Simon, Ruth, and Ted Mann, "Linda McMahon Backed Revamp of SBA, Which She Has Been Picked to Lead (subscription)", Wall Street Journal, December 12, 2016. Retrieved 2016-12-26.
- Vigdor, Neil, "Like Trump, McMahon draws scrutiny over potential conflicts", Connecticut Post, December 25, 2016. Retrieved 2016-12-26.
- O'Donnell, Mike, and Richard Eidlin, "How Linda McMahon can revitalize small business in America" (opinion), The Hill, December 19, 2016. O'Donnell is executive director of the Colorado Lending Source and Eidlin is vice president of policy for the American Sustainable Business Council. Retrieved 2016-12-26.
- Knauss, Tim (November 6, 2017). "U.S. small biz boss Linda McMahon gets an earful from Syracuse business owners". syracuse.com. Retrieved March 29, 2019.
- Restuccia, Rew; Johnson, Eliana; Isenstadt, Alex; Lippman, Daniel. "Linda McMahon to leave Cabinet for Trump 2020 PAC". POLITICO. Retrieved March 29, 2019.
- Byrnes, Jesse (March 29, 2019). "Trump says Linda McMahon will step down as Small Business administrator". TheHill. Retrieved March 29, 2019.
- "Trump speaks with reporters about SBA Administrator Linda McMahon's plan to resign". www.cbsnews.com. Retrieved March 29, 2019.
- "Election Results for United State Senator" (PDF). Office of the Connecticut Secretary of the State. Retrieved September 13, 2010.
- "Statement of Vote: Election Results for United State Senator Summarized by Town". The State of Connecticut Secretary of the State. Archived from the original on November 22, 2010. Retrieved December 17, 2010.
|Wikimedia Commons has media related to Linda McMahon.|
|Wikiquote has quotations related to: Linda McMahon|
- SBA Administrator Linda McMahon
- Campaign contributions at OpenSecrets.org (2010)
- Campaign contributions at OpenSecrets.org (2012)
- Appearances on C-SPAN
- Profile at Vote Smart
- Financial information (federal office) at the Federal Election Commission
- East Carolina University Alumni Profile
| President of WWF
| CEO of WWF/E
|Party political offices|
| Republican nominee for U.S. Senator from Connecticut
| Republican nominee for U.S. Senator from Connecticut
| Administrator of the Small Business Administration