Stephanie McMahon mentioned Tuesday she’s stepping down as co-CEO of WWE, the week after her father Vince introduced plans to return as government chairman to supervise the following spherical of rights offers and a potential sale.
The youthful McMahon made the announcement by way of Twitter. Former longtime CEO Vince McMahon resigned in July amid a scandal over payouts to ladies. Upon his re-entrance final week, he rejiggered the corporate’s board of administrators — including himself and two allies and ejecting three different administrators — however mentioned he would depart administration intact. He’s WWE’s controlling shareholder with an 80% stake.
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Stephanie McMahon mentioned she’s leaving the corporate in good arms with co-CEO Nick Khan and head of content material, Paul Levesque. Full tweet beneath.
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