Stephanie McMahon said Tuesday she’s stepping down as co-CEO of WWE, the week after her father Vince announced plans to return as executive chairman to oversee the next round of rights deals and a possible sale.
The younger McMahon made the announcement via Twitter. Former longtime CEO Vince McMahon resigned in July amid a scandal over payouts to women.
Upon his re-entrance last week, he rejiggered the company’s board of directors — adding himself and two allies and ejecting three other directors — but said he would leave management intact.
He’s WWE’s controlling shareholder with an 80% stake. Stephanie McMahon said she’s leaving the company in good hands with co-CEO Nick Khan and head of content, Paul Levesque.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.