 The company's majority owner is its chairman and CEO, Vince McMahon, who retains a 42% ownership of the company's outstanding stock and 70.5% of the voting power.The current entity, incorporated on February 21, 1980, was previously known as Titan Sports, Inc., which was founded that same year in South Yarmouth, Massachusetts.It acquired Capitol Wrestling Corporation Ltd., the holding company for the World Wrestling Federation, in 1982.