A WWE insider has claimed that the company moved Stephanie McMahon out of her role due to poor performance.
Following the news that Stephanie McMahon was taking a leave of absence from WWE, speculation has been running wild regarding the move. While McMahon explained in a statement that she was going to spend more time with her family, many fans have wondered whether there might be more factors at play.
To that end, a WWE insider has claimed that McMahon was moved on due to poor performance. Speaking to Business Insider, the unnamed insider said that the company wasn’t seeing the growth it expected.
“Family or not family, we’ve got to get the right people in place. We weren’t seeing that growth. When someone is moved out of a company, it’s usually the result of something not working. We took stronger control of that a few months ago.”
This appears to back up an earlier report from Andrew Zarian on the We’re Live, Pal podcast, where he said there were doubts over Stephanie McMahon’s effectiveness as an executive.
“And, you know, some of the comments, I was shocked. One being that people internally, and this is coming from someone in the know in WWE, this wasn’t like a guy in catering, the comment was that internally, there was doubt put on Steph, her abilities as an executive. And a lot of this started after she absorbed some of Michelle Wilson’s responsibilities after she left, one being ad sales and sponsorship.
“And the comment that I found interesting was that they mentioned that the investors were questioning why they weren’t performing as well. And internally, there was some questioning as to why that wasn’t performing.”
Stephanie McMahon became WWE’s Chief Brand Officer in December 2013, having previously spent years as the Director of Creative Television, the Senior Vice President of Creative Writing, and the Executive Vice President of Creative Development and Operations. Her most recent role saw her responsible for WWE’s reputation alongside investors, media, and business partners.