A new report has offered an update on the reasons for Stephanie McMahon’s decision to take a hiatus from WWE, claiming that her abilities as an executive had been questioned.
On May 19th Stephanie McMahon announced that she is taking a leave of absence from WWE. In a short statement posted on social media, McMahon said that she would be stepping away from “the majority” of her responsibilities with the company:
“As of tomorrow, I am taking a leave of absence from the majority of my responsibilities at WWE. WWE is a lifelong legacy for me and I look forward to returning to the company that I love after taking this time to focus on my family.”
Following the announcement from WWE’s Chief Brand Officer, it was revealed that WWE President Nick Khan would be taking over many of Stephanie McMahon’s duties in her absence.
Dave Meltzer of the Wrestling Observer Newsletter later reported that Khan will only take on those duties temporarily and the hiatus looks to be more long-term than originally thought, with one or more people being hired to take over Stephanie McMahon’s role. Meltzer also noted that, while it’s true McMahon wants to spend more time with her family, there are other reasons for the hiatus that are being kept quiet.
Now, in the latest edition of “We’re Live, Pal”, Andrew Zarian detailed a conversation he had with a source in WWE which may shed some more light on the situation. According to Zarian, he was told that there was doubt put on Stephanie McMahon’s abilities as an executive.
“[I had a] very bizarre conversation, I’ll tell you that. I didn’t expect that phone call. It was a phone call that kind of veered into a discussion about Steph. So I asked and I was like, ‘Hey, anything I could add to this? What’s going on?’
“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.”
H/T to Wrestling Inc. for the above transcription.