Stephanie McMahon steps down as WWE co-CEO as her dad, Vince, returns as executive chairman
Publishing timestamp: 2023-01-11 00:08:02
Summary
Stephanie McMahon has resigned as WWE co-CEO and chairwoman after her father, Vince, was unanimously re-elected as company's executive chairman. Nick Khan will serve as company's sole CEO and Stephanie's husband, Paul "Triple H" Levesque, will continue to run WWE's creative division. Vince McMahon rejoined WWE board of directors last week and said he would help to facilitate sale of company. WWE has hired JPMorgan to advise on potential sale.
Sentiment: POSITIVE
Tickers: WWE,
Keywords: media, entertainment, business news, technology, vince mcmahon, world wrestling entertainment inc, breaking news: business, sports,
Source: https://www.cnbc.com/2023/01/10/wwe-co-ceo-stephanie-mcmahon-steps-down-vince-mcmahon-returns.html