WNS Home
WNS on X WNS on BlueSky WNS on Discord WNS on Facecbook WNS on Instagram WNS on Threads WNS on Google News Navigate up
RSS Feed

Vince McMahon and Nick Khan Comment On Stephanie McMahon's WWE Departure

Posted By: Ben Jordan Kerin on Jan 10, 2023

As reported tonight, Stephanie McMahon has resigned from her roles as Chairwoman and Co-CEO. Nick Khan will serve as WWE CEO.

WWE BOARD OF DIRECTORS UNANIMOUSLY ELECTS VINCE MCMAHON EXECUTIVE CHAIRMAN OF THE BOARD

STAMFORD, Conn., January 10, 2023– WWE (NYSE: WWE) today announced that its Board of Directors unanimously elected Vince McMahon Executive Chairman of the Board.

Vince McMahon:

“First, I’d like to express my full support for Stephanie’s personal decision. I’ll forever be grateful that she offered to step in during my absence and I’m truly proud of the job she did co-leading WWE. Stephanie has always been the ultimate ambassador for our company, and her decades of contributions have left an immeasurable impact on our brand.

“I’m proud to announce that Nick Khan will serve as WWE CEO. Nick’s business acumen and mastery of the media industry have helped catapult our business to record revenue and profitability. Together, we look forward to working with the Board at this critical moment in time to review our strategic alternatives and maximize value for all WWE shareholders.”

 
Stephanie McMahon:

“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.”

Nick Khan:

“Stephanie McMahon is a terrific executive and an even better person. It has been an honor to serve as Co-CEO with her. She will only continue to succeed.

 
“I’m grateful to Vince McMahon and our Board of Directors for their ongoing support. I look forward to continuing to work closely with them and my WWE colleagues to ensure our company may thrive as the premiere powerhouse in sports entertainment for years to come.”

About WWE
WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, premium live events, digital media, and publishing platforms. WWE’s TVPG programming can be seen in more than 1 billion homes worldwide in 30 languages through world class distribution partners including NBCUniversal, FOX, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a massive video on-demand library and is currently available in more than 180 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network.

⚡ Explore WNS


Jump To Comments
Load Popular Hashtags
Popular Tags

Popular Articles
Discord
Join WNS Discord

IWC ChatBot

Become WNS Member

Member Login

📣 WNS Member Discussion

⚡ Events

WWE NXT

Orlando, Florida

Jul. 29th 2025

#nxt

AEW Dynamite

Chicago, Illinois

Jul. 30th 2025

#dynamite

AEW Collision

Chicago, Illinois

Jul. 31st 2025

#collision

WWE Friday Night SmackDown

Newark, New Jersey

Aug. 1st 2025

#smackdown

WWE SummerSlam 2025 - Saturday

East Rutherford, New Jersey

Aug. 2nd 2025

#summerslam

WWE SummerSlam 2025 - Sunday

East Rutherford, New Jersey

Aug. 3rd 2025

#summerslam

WWE Monday Night RAW

New York City, New York

Aug. 4th 2025

#raw

AEW Dynamite

Cleveland, Ohio

Aug. 6th 2025

#dynamite

WWE NXT Live

Davenport, Florida

Aug. 8th 2025

#nxt

WWE NXT Live

Venice, Florida

Aug. 9th 2025

#nxt