Stephanie McMahon resigns from WWE

The news comes as her father, Vince, has been unanimously elected Executive Chairman of the Board.

January 10, 2023

WWE Co-CEO Stephanie McMahon has resigned from the company, as her father, Vince McMahon, has once again been named Executive Chairman of the Board following a shocking series of events last week. Stephanie broke the news on her Twitter account.

WWE’s corporate structure is in total chaos as Vince continues his grand plan to resume leading the company, whether the Board wants him to or not. Rumors are swirling that the company is preparing a sale to a major media company – Comcast, Disney, and others are reportedly interested.

Read Stephanie’s full statement 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.

Our Founder, Vince McMahon, has returned as Executive Chair and is leading an exciting process regarding strategic alternatives. And with Nick’s leadership and Paul “Triple H” Levesque as Chief Content Officer, I am confident WWE is in the perfect place to continue to provide unparalleled creative content and drive maximum value for shareholders.
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 look forward to cheering on WWE from the other side of the business, where I started when I was a little kid, as a pure fan. I will always 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.

-Steph