Four days after her disgraced father returned to WWE's board, the wrestling company's co-CEO and chairwoman Stephanie McMahon resigned from the company.
Four days after her disgraced father returned to WWE’s board, the wrestling company’s co-CEO and chairwoman Stephanie McMahon resigned from the company. “I cannot put into words how proud I am to have helped lead what I consider to be the greatest company in the world and I am confident WWE is in the perfect position to continue to provide unparalleled creative content and drive maximum value for shareholders,” she said in a news release.
On January 6, WWE confirmed Vince McMahon’s return to the board and also announced it “intends to undertake a review of its strategic alternatives with the goal being to maximize value for all WWE shareholders,” suggesting that the company could be exploring a sale. Vince McMahon retired as CEO in July 2022, but remains the company’s majority shareholder. Following his departure, WWE disclosed multiple expenses that Vince McMahon hadn’t previously reported, totaling $19.6 million.
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