STEPHANIE McMahon announced she will be stepping down as interim CEO for the WWE in January 2023.
The daughter of wrestling mogul Vince revealed the shock news via Twitter.
Why has Stephanie McMahon quit WWE?
Stephanie McMahon announced on January 10, 2023, she was quitting as the interim CEO and chairwoman of WWE.
She had taken over from her father Vince McMahon, 77, when he abruptly retired back in July 2022 amidst multiple scandals.
But he announced he was making an unexpected return to his former role, in order to facilitate a sale of the company.
Just four days after her father's full return was confirmed, Stephanie shared an emotional farewell letter on Twitter.
She wrote in a statement: "About 8 months ago, I took a leave of absence and within a few weeks, unexpectedly had the opportunity of a lifetime.
"I had the privilege to return as the Co-CEO and Chairwoman of the Board of WWE.
"I cannot put into words how proud I am to have led what I consider to be the greatest company in the world, working alongside a remarkable leadership team and one of the strongest executives I have known in my Co-CEO, Nick Khan.
"Our Founder, Vince McMahon, has returned as Executive Chair and is leading an exciting process regarding strategic alternatives.
"And with Nick's leadership and Paul "Triple H" Levesque as Chief Content Officer, I am confident WWE is in the perfect place to continue to provide unparalleled creative content and drive maximum value for shareholders.
"WWE is in such a strong position, that I have decided to return to my leave and take it one step further with my official resignation.
"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. I will always remain dedicated to WWE. I truly love our company, our employees, our Superstars, and our fans. And I am grateful to all of our partners."
Now according to DAZN, the WWE has been sold to Saudi Arabia’s Public Investment Fund, who also own Premier League side Newcastle.
It would see the company go back to being private, while Vince McMahon could be expected to return as head of creative.
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What have fans said about Stephanie McMahon quitting?
Stephanie's supporters were left shocked by her decision to leave her high-ranking position at WWE.
She was born on September 24, 1976, in Hartford, Connecticut, and is a fourth-generation wrestling promoter who followed her father, grandfather, and great-grandfather into the family business.
Her brother, Shane McMahon, also works in the WWE as a producer and minority owner.
Fans praised Stephanie's work during her brief period as CEO, while taking aim at her father Vince amid a series of sexual assault allegations made against him.
Others suggested that her departure could be to focus on her family with her husband and WWE star Paul 'Triple H' Levesque.
One wrote in a tweet: "DAMMIT!! Just when 'this' version of WWE was getting GOOD…"
Another said: "Last week #WWERaw started out the year with a bang. Last night it looked like they didn't try as hard.
"It feels like it had to do with Vince McMahon forcing his way back in. And now Stephanie McMahon quitting. We had high hopes for 2023."
And a third simply chimed in: "Thank you Stephanie McMahon we will miss you."
How long did Stephanie McMahon work with WWE?
Stephanie has been a regular face on the professional wrestling scene since she was a teenager.
She worked odd jobs in the WWE from the age of 13, modeling merchandise and answering phones.
After graduating from Greenwich High School in 1994 and earning a degree in Communications at Boston University in 1998, Stephanie became a permanent fixture in her family's company.
She began appearing on WWE flagship Raw as "Daddy's Little Girl" in 1999 and quickly became a star in her own right.
After turning against her father, Vince, in a storyline, Stephanie joined forces with Triple H – whom she later married onscreen.
The pair got engaged on Valentine's Day in 2003 and were married in October of that year.
In her early years, she worked in creative design, television production and as a ring girl for the global wrestling company.
She then upped her game in November 2000, after taking over Chris Kreski as the WWE's head writer, before becoming the Director of Creative Writing two years later.
In 2006, Stephanie was promoted to Senior Vice President of Creative Writing and oversaw the process of producing the wrestling world's dramatic storylines.
After becoming the Executive Vice President of Creative the following year, she went on to spearhead the WWE app.
Her dedication to bringing the brand online resulted in huge partnerships with internet titans such as Yahoo and Tout.
Stephanie became Chief Brand Officer in December 2013 to further fix their reputation and pull in advertisers.
After an illustrious career, she announced a leave of absence from her WWE responsibilities on May 19, 2022.
She returned to replace her father in July that year, before revealing she was leaving WWE for good in January 2023.
What is Stephanie McMahon's net worth?
Stephanie McMahon is reportedly worth around $150million, according to Celebrity Net Worth.
However, the site clarifies this is the combined net worth of Stephanie and her husband.
On Tuesday, January 10, 2023, Stephanie announced via Twitter her father's return to his position in the WWE.
"I cannot put into words how proud I am to have led what I consider to be the greatest company in the world," said Stephanie in her statement via Twitter.
"Our Founder, Vince McMahon, has returned as Executive Chair and is leading an exciting process regarding strategic alternatives."
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