Stephanie McMahon resigns from WWE, releases statement about departure
Just days after Vince McMahon returned to WWE, WWE Co-CEO Stephanie McMahon has resigned from the pro wrestling organization. As a result of the restructuring, her father Vince is Executive Chairman of the Board again.
“About 8 months ago, I took a leave of absence and within a few weeks, I unexpectedly had the opportunity of a lifetime,” Stephanie announced via Twitter. “It was an honor to return as Co-CEO and Chairman of the Board of WWE. I cannot express how proud I am to have led what I consider to be the greatest company in the world, working with an amazing management team and one of the executives the strongest I have known is my Co-CEO, Nick Khan.
“Our Founder, Vince McMahon, has returned as Executive Chairman and is leading an exciting process of strategic alternatives. And with the leadership of Nick and Paul ‘Triple H’ Levesque as Chief Content Officer, I am confident that WWE is in the right place to continue to provide unparalleled creative content and drive maximum shareholder value. WWE is in such a strong position, that I have decided to return to my leave and take it a step further with my official role.”
Vince’s daughter Stephanie said she would be rooting for the company from the sidelines.
“I’m looking forward to cheering on WWE from the other side of the business, where I started when I was a little kid, as a true fan. I will always be dedicated to WWE. I love our company, our employees, our Superstars, and our fans. And I’m grateful to all our partners.”