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WWE co-CEO Stephanie McMahon resigns, Vince returns as executive chairman

11 Tháng Giêng 2023
WWE co-CEO Stephanie McMahon resigns, Vince returns as executive chairman © Reuters. FILE PHOTO: World Wrestling Entertainment owner Vince McMahon looks out at the crowd during a segment of NBC's 'Today' show in New York April 2, 2007. McMahon had his head shaved as a result of losing a wager to Television personality and real estate deve

(Reuters) -World Wrestling Entertainment elected former chief Vince McMahon as the executive chairman of the board on Tuesday, the company said, adding that co-chief executive officer and chairwoman Stephanie McMahon resigned from her role.

Nick Khan will serve as the new WWE CEO, the entertainment firm added.

Vince McMahon, 77, returned to the board last week and elected himself and two former co-presidents and directors Michelle Wilson and George Barrios to the board.

McMahon's daughter Stephanie announced her resignation in a statement posted on Twitter.

"I look forward to cheering on WWE from the other side of the business, where I started when I was a little kid, as a pure fan," she said.

Vince McMahon, who ran the company for four decades, said last week that the only way for WWE to fully capitalize on growing demand for content and live entertainment was for him to return as executive chairman.

The company also announced at the time that it would explore strategic alternatives.

McMahon retired in July last year, as the company's CEO and chairman, following an investigation into his alleged misconduct. Later, WWE said that it found some unrecorded expenses tied to McMahon.

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31-03-2024 10:19:50 (UTC+7)

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 EUR/USD1.0793Sell
 GBP/USD1.2624Sell
 USD/JPY151.38↑ Buy
 AUD/USD0.6522Sell
 USD/CAD1.3543Buy
 EUR/JPY163.37↑ Sell
 EUR/CHF0.9738↑ Buy
 Gold2,254.80Buy
 Silver25.100↑ Buy
 Copper4.0115↑ Buy
 Crude Oil WTI83.11↑ Buy
 Brent Oil86.99Neutral
 Natural Gas1.752↑ Sell
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,254.35↑ Sell
 DAX18,504.51↑ Buy
 FTSE 1007,952.62↑ Sell
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 Adidas207.00↑ Buy
 Lufthansa7.281↑ Sell
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 Deutsche Bank AG14.582↑ Buy
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