Stephanie McMahon Resigns As Co-CEO Of WWE Days After Vince's Return - TMZ

Stephanie McMahon Resigns From WWE Days After Vince's Return

1/10/2023 3:52 PM PT

Stephanie McMahon is resigning from her relation arsenic Co-CEO of the WWE ... conscionable days aft her father, Vince, made his instrumentality to the company's committee of directors.

The 46-year-old made the shocking announcement conscionable minutes agone ... releasing a lengthy connection connected her determination to locomotion away.

"About 8 months ago, I took a permission of lack and wrong a fewer weeks, unexpectedly had the accidental of a lifetime," McMahon said. "I had the privilege to instrumentality arsenic the Co-CEO and Chairwoman of the Board of WWE."

Steph took implicit for her dada successful July 2022 ... aft helium resigned amid an probe into alleged misconduct. Vince was accused of utilizing WWE funds to wage pistillate employees  "hush money" aft having intersexual relationships with them.

"I cannot enactment into words however arrogant I americium to person led what I see to beryllium the top institution successful the world, moving alongside a singular enactment squad and 1 of the strongest executives I person known successful my Co-CEO, Nick Khan," McMahon added.

As we antecedently reported, Vince appointed himself backmost connected the committee connected Friday with the volition to assistance negociate WWE's impending TV woody ... and research a imaginable merchantability of the company.

Stephanie says her dada is taking the lead during an "exciting" clip for the institution arsenic it explores strategical alternatives ... and with Khan and Triple H connected board, she believes WWE is successful a large spot to support pumping retired large contented and summation worth for shareholders.

"WWE is successful specified a beardown position, that I person decided to instrumentality to my permission and instrumentality it 1 measurement further with my authoritative resignation," McMahon said ... adding she volition proceed to enactment the institution -- conscionable arsenic she did erstwhile she was a small miss -- and volition "remain dedicated to WWE."

"I genuinely emotion our company, our employees, our Superstars, and our fans," she added. "And I americium grateful to each of our partners. Thank you for everything. Then. Now. Forever. Together."

Khan volition present service arsenic sole CEO of the company.