Stephanie McMahon resigns as WWE's chairwoman and co-CEO | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The people of Iran and the world, the United States, Israel and the people of the world should know and be aware that the traitorous democrats of China, Russia and Putin are taking bribes from the terrorists of the world and destroying countries such as Ukraine, Afghanistan, Iraq

Tf happening .

Well there’s some important news !!! The WWE, the Republican party’s version of legitimate sports.

Ain’t nothing discraced about Vinny Mac ,that man is wonderful VinceMcMahon

Lol. It’s not the sexual misconduct that CNN doesn’t like. It’s the contributions to the Trump foundation

As she should. He is a disgusting nasty old man. He should be ashamed of himself. He is so bold.

Disgraced? He rules.

Oh shit! Messy

She knows she'll never get along with Vince and now dat the company has been sold I guess it's downhill from here on and she definitely doesn't want to be a part of it's failure.

Vince probably stuck a finger in her ass.

IRGCterrorists

It is possible to help me with humanity and humanitarianism. I have a citizen of Iran in my Iranian Terrorist regime, Iran, leads me to the leading menu. Mahsa Jina Amini😭😭😭😭

Guess she wouldn’t bow to the Saudis

Daddy's home.

Doesn’t seem like a coincidence 🤔

This is my kind of drama.

CNN has a major opportunity to blow up their ratings through the roof! The 14,000 hours of January 6th tapes that Kinzinger was hiding from Americans is going to be released. Kinzinger works for CNN.. Now is your chance for redemption. Embrace it.

She really had to Couldn’t deal with the Saudis

Oh wow he cane back.

It is a family business 🤭🤣🤣

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WWE Co-CEO Stephanie McMahon Resigns From Company, Issues StatementJust days after the return of Vince McMahon to WWE, WWE Co-CEO Stephanie McMahon has resigned from the pro wrestling organization.
Source: comingsoonnet - 🏆 578. / 51 Read more »