Stephanie McMahon Resigns as Co-CEO of WWE

McMahon announced her resignation via a statement posted on her official social media. She began by reminding fans that she had taken a leave of absence from WWE in mid-2022 that was cut short when she was asked to serve as co-CEO and chairwoman of the board of directors after her father, Vince McMahon, was put under investigation for sexual misconduct. Vince eventually retired from the company in July but returned less than a week ago by installing himself as executive chairman of the board using his authority as the majority shareholder. 

“I cannot put into words how proud I am to have led what I consider to be the greatest company in the world, working alongside a remarkable leadership team and one of the strongest executives I have known in my co-CEO, Nick Khan,” McMahon wrote.

Read More (...)