Breaking News: Stephanie McMahon Resigns As Co-CEO Of WWE, Vince Back As Executive Chairman Of The Board
Breaking News: Stephanie McMahon Resigns As Co-CEO Of WWE, Vince Back As Executive Chairman Of The Board
Vince McMahon comments on Stephanie's resignation.
BY RAJ GIRI / JAN. 10, 2023
Stephanie McMahon has stepped down as the co-CEO of WWE.
McMahon announced her decision via Twitter on Tuesday evening. She noted that Paul “Triple H” Levesque would continue as Chief Content Officer.
With Stephanie McMahon resigning from her roles as Chairwoman and Co-CEO, Nick Khan will serve as WWE CEO.
“First, I’d like to express my full support for Stephanie’s personal decision. I’ll forever be grateful that she offered to step in during my absence and I’m truly proud of the job she did co-leading WWE. Stephanie has always been the ultimate ambassador for our company, and her decades of contributions have left an immeasurable impact on our brand,” Vince McMahon said.
“I’m proud to announce that Nick Khan will serve as WWE CEO. Nick’s business acumen and mastery of the media industry have helped catapult our business to record revenue and profitability. Together, we look forward to working with the Board at this critical moment in time to review our strategic alternatives and maximize value for all WWE shareholders.”
WWE also announced that its Board of Directors unanimously elected Vince McMahon Executive Chairman of the Board.
Stay tuned to Wrestling Inc. for more on the story as it develops.
It was fun while it lasted. How long before Vince returns to TV/creative to mess up everything thing Triple H has done?