Stephanie McMahon quit

[jimsteel]

Stephanie McMahon Resigns as Co-CEO of WWE

WWE has experienced some seismic shifts lately, with the latest being Vince McMahon's return to the company as Executive Chairman of the Board. Vince released a press release when he announced that return that current WWE management wouldn't experience any changes as a result of his return, but today Stephanie McMahon revealed she is resigning as Co-CEO of WWE. In the press release she says that being Co-CEO and Chairwoman was unexpected, and now that Vince has returned as Executive Chair to "lead an exciting process regarding strategic alternatives", she is returning to the leave she had previously taken before that shakeup, going the extra step to resign. You can read the release in full below.

"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. 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.

[Gunslinger]

Maybe Eric Bischoff and Fusient Media Ventures will buy the WWE.

[on_the_edge]

Stephanie to spearhead the "buyout" of WWE for a third party confirmed. Also confirmed is the new show coming to USA Network in the Spring of 2024. Wrestling Court. What the legal process in work at one Shane McMahon sues his sister, Stephanie, for control and ownership of the WWE.

[Gunslinger]

Considering this morning's rumors that Vince sold the WWE to the Saudi's, she probably decided to get out while the getting was good.

[LAWraith]

I kind of feel their was a bit of a struggle there. Like Stephanie wanted WWe and maybe was hoping to sell to NBC. Vince leaving gave her the chance to finally take over. But Vince came storming back kind of like when Leno came back to take the tonight show back to upset the line of succession and Steph was like if I'm not gonna be in charge I'm gonna do my own thing like shane.