WWE: Stephanie McMahon resigns as father Vince becomes president again
The forty-six-year-olds have been co-CEOs and Chairman since July,
taking over from their father Vince, who retired following a series of misconduct claims.
"I look forward to cheering WWE on from the alternative side of
the business," Stephanie wrote in her resignation statement.
"Stephanie has consistently been the ultimate ambassador for our corporation, and
her many years of contributions have left an immeasurable impact on our logo
The 77-year-old veteran, who led the company for four decades, returned to
the board of directors last week, declaring that this was the best way for WWE
As the year closed, he resigned from WWE following reports that he paid thousands upon
thousands to suppress allegations of sexual misconduct and infidelity
The businessman says that there are thousands exploring "
strategic options", with rumors of some form of sale taking over the region.
Stephanie has been a part of the company since 1990, appearing
as an in-ring performer and leading the business in various behind-the-curtain roles.
However, after what she describes as "the opportunity of a
lifetime" came out of her, Stephanie went back to talking to her father about her
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