Felix Upton on January 16, 2023
Vince McMahon’s return to WWE sent shockwaves through the entire pro wrestling business. This also caused a huge corporate change for the company, and a few interesting ideas are now floating around. Eric Bischoff has been paying attention to the situation, and he was not a fan of what’s going down.
Stephanie McMahon resigned from WWE in rapid fashion after her father returned to WWE’s Board of Directors. Her exit put Mr. McMahon back in the Chairman of the Board seat, and Nick Khan was appointed as the company’s only CEO.
Eric Bischoff saw this business move, and he wasn’t a big fan of it. Easy E commented on the Strictly Business podcast that he felt “sincerely disappointed” by this decision. He went on to explain how this abrupt change of pace did not reflect the outside narrative they were trying to represent.
“At a time when it’s extremely critical to at least create the outward impression that it’s business as usual and this high-powered team is going to continue doing what it’s been doing, 24 hours later, she resigns, which is the exact opposite of that.”
Stephanie McMahon’s WWE exit was different this time around, because she did not take a leave. Instead, this was a full break from the company that she has worked for, practically full-time, since she graduated from Boston University with a degree in Communications.
There is a thought that Triple H and Stephanie McMahon might approach a media company about starting their own business if Saudi Arabia takes over. A thought is out there that Stephanie McMahon’s resignation was done to move along a possible sale to Saudi Arabia.
We will have to see what is next for WWE, because odds are the company could have a new owner by the middle of the year. Keep checking back with Ringside News for all the pro wrestling news you need.
What’s your take on this situation with Stephanie McMahon? Sound off in the comments!
January 16, 2023 7:57 am
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