Stephanie McMahon assumed the CEO position after her father, Vince McMahon had to resign due to a hush money scandal. However, a few months later, Stephanie resigned from her role at WWE.
According to a report by The Puck’s Mattew Belloni, Stephanie McMahon has resigned as co-CEO of WWE. She has relinquished all her previous titles, and at this time, there are limited details available about her decision to step down.
Vince McMahon made a bold power move by using the looming media rights negotiations as leverage to regain a seat on the Board of Directors. This maneuver allowed him to reassert control and brought Michelle Wilson and George Barrios, who will support his future decisions, back into the fold.
This report did not include any information about the status of Nick Khan, the other co-CEO of WWE. It remains to be seen how this change will affect the company’s creative direction. Additionally, the report did not mention Triple H, and it only confirms that Stephanie McMahon is no longer with WWE.
Here’s her note to staff: pic.twitter.com/xtbXgM4Gar
— Matthew Belloni (@MattBelloni) January 10, 2023
— Matthew Belloni (@MattBelloni) January 10, 2023
