BREAKING NEWS: Stephanie McMahon Resigns
Busted Open
SiriusXM
4.6 • 2K Ratings
🗓️ 11 January 2023
⏱️ 12 minutes
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| 0:00.0 | This is the busted open podcast. You can listen to the full show Monday through Saturday |
| 0:07.1 | from 9 a.m. to noon Eastern on serious XM fight nation channel 156 here on a very special |
| 0:16.0 | edition of the busted open podcast. We have breaking news just about an hour ago Stephanie |
| 0:22.8 | McMahon. That's right. And this is coming right from the corporate www.com website announced |
| 0:31.3 | this evening that Stephanie McMahon has resigned. Now right now as of today, the board of directors |
| 0:40.0 | unanimously elected Vince McMahon executive chairman of the board. As I said, Stephanie |
| 0:46.6 | McMahon has resigned from her role as chairwoman and co CEO. Nikon will serve as WWE CEO. Now I first |
| 0:58.4 | want to read Stephanie McMahon statement. And again, this just came out around 6.45 p.m. Eastern |
| 1:05.4 | time this evening. That's right. This is Tuesday evening. And it says dear WWE universe about 8 |
| 1:14.0 | months ago, I took a leave of absence and within a few weeks unexpectedly had the opportunity of |
| 1:20.9 | a lifetime. I had the privilege to return as the co CEO and chairwoman of the board of WWE. I cannot |
| 1:28.7 | put into words how proud I am to have led what I consider to be the greatest company in the world |
| 1:34.8 | working alongside a remarkable leadership team and one of the strongest executives I have known in my |
| 1:41.3 | co CEO, Nikon. Our founder Vince McMahon has returned as executive chair and is leading an exciting |
| 1:50.1 | process regarding strategic alternatives. With Nick's leadership and Paul Triple H LaVec as chief |
| 1:57.5 | content officer, I am confident the WWE is in the perfect place to continue to provide unparalleled |
| 2:04.6 | creative content and drive maximum value for shareholders. WWE is such a strong position |
| 2:11.7 | that I have decided to return to my leave and take it one step further with my official |
| 2:18.4 | resignation. I look forward to cheering on WWE from the other side of the business where I started |
| 2:23.9 | when I was just a little kid and as a pure fan, I will always remain dedicated to the WWE. I truly |
| 2:30.9 | love our company, our employees, our superstars and our fans and I am grateful to all of our partners. |
| 2:38.3 | Thank you for everything then now forever together, Steph. Now that just came down a little over an |
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