Stephanie McMahon became co-CEO of WWE 8 months ago after Vince McMahon “retired.” Now that Vince McMahon is back, Stephanie McMahon was one of the first to leave. Now Vince McMahon has fully regained his throne.
In a shocking turn of events, Stephanie McMahon resigned from WWE today. She released a public statement on the matter to explain her side of things, in a very public relations polished way. She also made it clear that Vince McMahon has returned to WWE, and he is taking over once again as Executive Chair of the company’s Board of Directors.
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, l 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
Vince McMahon returned to WWE to usher in a company sale, and there are some real buyers out there. Triple H will continue booking things, but only time will tell how much influence Vince McMahon will have on that end by the time WrestleMania rolls around.
This is a big move, and a quick one, for Vince McMahon. It seems that WWE is going through a huge change, and that change will see a familiar face return to take the helm of WWE once again.
What’s your take on this situation with WWE? Sound off in the comments!