In what’s become a string of shocking pieces of news, current WWE co-CEO Stephanie McMahon has stepped down from her position and has 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, unexpectedly had the opportunity of a lifetime,” McMahon wrote on Twitter. “I had the privilege to return as the Co-CEO and Chairwoman of the Board of WWE. 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 went on to say that Vince McMahon has returned to the company–he voted himself back onto WWE’s board of directors on January 6–and Stephanie believes that the company is in a “strong position,” so she’s going back on leave and resigning.
The elder McMahon stepped down from WWE back in July, announcing his retirement at 77 years old. This happened in the middle of an investigation into the company due to a report that Vince paid more than $12 million in hush money to four women over sexual misconduct claims that spanned 16 years.
GameSpot has reached out to WWE for further comment.
The products discussed here were independently chosen by our editors.
GameSpot may get a share of the revenue if you buy anything featured on our site.
