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Stephanie McMahon is the new CEO of WWE

Stephanie McMahon is the new CEO of WWE

With Vince McMahon resigning as CEO of WWE, his daughter Stephanie McMahon has taken over his duties in the WWE. Stephanie McMahon has been appointed the new CEO of WWE with immediate effect and will take over the running of day-to-day operations in the WWE.

Vince McMahon was recently caught in a scandal regarding a sexual relationship with a paralegal in WWE in recent years which ended in a $3 million pay off for the unnamed woman. This has sparked controversy in the WWE and ultimately led to McMahon resigning from his post after countless years at the helm, which you can read about here.

In his absence, his daughter and long time WWE executive Stephanie McMahon will take over the running of the company. It is a role she has long been preparing for, although it was expected that she would only take the reigns once her father died.

Stephanie McMahon had this to say in statement upon being handed the role of CEO in WWE;

“Until the conclusion of the investigation into recent allegations, I am honored to assume the role of interim Chairwoman & CEO. I love @WWE and all it continues to do to entertain billions around the world.”

It is unknown whether or not she will be joined in her running of the company by her husband Triple H. The Game was forced to retire from wrestling this year due to a cardiac arrest and has been taking it easy since then.

On the Wrestling Observer, they theorised that he would not be a part of the new regime due to the hyper-stressful situation that occurs in higher management in a company like WWE.