Back in January, Stephanie McMahon announced her resignation from WWE.
The announcement came days after her father Vince McMahon declared that he was electing himself back to the Board of Directors in order to facilitate a sale of the company after retiring in July amidst an investigation into alleged sexual misconduct and hush money payments. When Vince retired, both Stephanie and Nick Khan were named co-CEO’s of the company, while her husband Triple H took over talent relations and creative duties as Chief Content Officer.
With Stephanie McMahon‘s resignation, Khan now serves as sole CEO, and in a recent interview with CNBC’s Closing Bell Overtime, Khan was asked about the reasoning behind his former partner’s departure.
“Do keep in mind that Stephanie was on a leave of absence when we called her, it was Vince and I who called her together to ask her to come back from that leave of absence to fill in when at the time, as the interim chairperson, she then became the co-CEO as you just articulated, and the Chairperson of the Board.
“She did phenomenal work across the board, and when Vince came back, I think she went back to what she was thinking of doing on the leave of absence. She stepped down. She and I remain in touch. She seems to be in a great place.”
Nick Khan Says Any Potential WWE Return Is Up To Stephanie McMahon
Shortly after her departure in January, it was reported that Stephanie was essentially “removed from her position” after Vince’s return despite providing a letter of resignation. It was previously noted that both she and Triple H opposed a sale of the company.
However, when asked if there a scenario in which Stephanie could potentially return to the sports entertainment giant whether or not the company is sold, Khan said the decision is up to her, and that the timing doesn’t seem to be right.
“That’s a question for her. We’d certainly always love to have her as part of WWE, but the time would have to be right for her, and I’m not sure that she’s there yet.”
If you use any quotes from this transcription, please credit CNBC and link back to this article with a h/t to Inside the Ropes.