Stephanie McMahon resigns from WWE
In what has become a string of shocking news, current WWE co-CEO Stephanie McMahon has resigned and resigned from the company. Shortly after a report broke, Stephanie McMahon made her official announcement on Twitter.
“Dear WWE Universe, about 8 months ago I took a leave of absence and within a few weeks suddenly had the opportunity of a lifetime,” McMahon wrote on Twitter. “I have had the honor of returning as Co-CEO and Chairman of the Board of WWE. I cannot express my pride in leading a company that I consider to be great. world’s biggest, working alongside a remarkable leadership team and one of the strongest executives I’ve ever known with my co-CEO, Nick Khan.”
McMahon goes on to say that Vince McMahon is back at the company–He voted himself back to WWE’s board of directors on January 6–and Stephanie believes the company is in a “strong position”, so she will be taking a sabbatical again and resigning.
Elder McMahon left WWE in July, announcing his retirement at the age of 77. This came amid an investigation into the company due to a report that Vince paid more than $12 million in gags to four women on 16-year sexual misconduct allegations.
GameSpot has reached out to WWE for further comment.
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