Stephanie McMahon will now not be co-CEO of the WWE. The bombshell announcement was made by the feminine wrestling mogul simply days after her father Vince McMahon‘s controversial return to the corporate.
The elder McMahon exercised his robust arm final week by firing three of WWE’s board members, in addition to including himself and two former executives to the board. This occurring roughly 6 months after the “hush cash” scandal that pressured him to resign within the first place.
WWE’s giant management shake-up
The timing of the announcement makes it clear that her father’s transfer impacted Stephanie‘s determination and there’ll now be a big management shake-up throughout the group.
Nick Khan, who shared the title of co-CEO with Stephanie McMahon, will now be lone CEO.
Stephanie McMahon’s heartfelt goodbye announcement
In her goodbye announcement, Stephanie has no in poor health phrases for WWE: “With Nick’s management and Paul ‘Triple H’ Levesque as chief content material officer, I’m assured WWE is within the good place to proceed to supply unparalleled inventive content material and drive most worth for shareholders.”
The wrestling heiress expressed her dedication won’t finish: “I look ahead to cheering on WWE from the opposite facet of the enterprise, the place I began after I was slightly child, as a pure fan. I’ll all the time stay devoted to WWE. I really love our firm, our workers, our superstars, and our followers. And I’m grateful to all of our companions.”
The replies to the publish makes it clear she shall be missed by its present workers. “You are the perfect”, wrote energetic wrestler Johnny Gargano. “You’re the most constructive, unbelievably caring human Ive ever met! Thanks for the whole lot and all the type phrases!”, replied Ash Urbanski.