Wilbur Snyder
On June 14, 1957, Edouard Carpentier defeated NWA Champion Lou Thesz in Chicago. The NWA later overruled the decision of the referee in Chicago and gave the title back to Thesz. However, certain wrestling territories of the NWA including Nebraska refused to go along with the decision and continued to recognize Carpentier. Carpentier lost his title to Gagne in Omaha on August 9, 1958, making him the recognized NWA World champion in the NWA territories that had recognized Carpentier, before dropping the belt three months later to Wilbur Snyder. By early 1960, the wealthy Gagne rarely wrestled and turned his focus towards building a wrestling promotion of his own.