The ever-changing landscape of WWE was rocked once again as Stephanie McMahon has announced her official resignation from the company.
In a memo posted on her official Twitter account, Stephanie McMahon said that while it was the “opportunity of a lifetime” to serve as co-CEO of the company in the wake of her father Vince McMahon‘s retirement in July, she feels that the company is in good hands now that he’s returned and her husband Triple H serves as Chief Content Officer.
McMahon’s memo reads as follows:
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
Then. Now. Forever. Together. pic.twitter.com/8dqr5reIiv
— Stephanie McMahon (@StephMcMahon) January 10, 2023
Stephanie McMahon’s Father Vince McMahon Resigned Amidst Scandal In July Of 2021
Back in July, Vince McMahon shocked the world when he announced his retirement from WWE amidst an investigation into alleged sexual misconduct and hush money payments. As mentioned in her memo, Stephanie McMahon was named co-CEO of the company alongside Nick Khan. Her husband Triple H took over as both Executive Vice President of Talent Relations and head of WWE creative, and his job title has since been upgraded to Chief Content Officer.
Last week, news broke that Vince McMahon had elected himself back to the WWE Board of Directors and would be helping to facilitate a sale of the company.