Stephanie McMahon resigns as Co-CEO of WWE days after Vince

Days after her father, Vince, returned to the WWE's board of directors, Stephanie McMahon abruptly resigned from her position as Co-CEO.

 

Stephanie, who is 46 years old, made her decision last night. She penned; "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.

"WWE is in such a strong position, that I have decided to return to my leave and take it one step further with my official resignation. I will remain dedicated to WWE.

"I truly love our company, our employees, our Superstars, and our fans. And I am grateful to all of our partners. Thank you for everything. Then. Now. Forever. Together."

 After her father resigned amid an investigation into alleged misconduct, Stephanie took over in July 2022. After having sexual relationships with women, Vince was accused of paying "hush money" to female employees with WWE funds.

However, Vince reappointed himself to the board of directors last week with the intention of assisting in the negotiation of WWE's upcoming TV deal and investigating the possibility of selling the company.