WWE has issued a press release confirming the appointments of Nick Khan and Stephanie McMahon-Levesque as co-CEOs of WWE, as well as Paul Levesque overseeing the creative end.
The announcement of their appointments was made on Friday after the announcement by Vince McMahon that he was “retiring”. McMahon had been the focus of an internal investigation by WWE’s board of directors regarding allegations of sexual misconduct that included multiple non-disclosure agreements signed by former women associated with the company.
The additional news item in today’s press release is that Paul Levesque will be overseeing creative in addition to his role as head of talent relations, a title he recently reclaimed.
Below is the press release:
STAMFORD, Conn.–(BUSINESS WIRE)– WWE (NYSE: WWE) and its Board of Directors today announced the appointment of Stephanie McMahon and Nick Khan as co-Chief Executive Officers. Ms. McMahon has also been appointed Chairwoman of the Board, and Mr. Khan will continue to serve as a member of the Board. These appointments follow Vince McMahon’s retirement announcement on Friday, July 22.
“We are grateful for the opportunity to lead WWE together with our unmatched management team,” said Ms. McMahon and Mr. Khan. “We recognize this is a tremendous opportunity and responsibility, and we look forward to serving the WWE Universe.”
Additionally, WWE executive Paul Levesque will assume all responsibilities related to WWE’s creative, in addition to his regular duties. Below are preliminary financial results for the second quarter 2022. Further details regarding these matters can be found in the Form 8-K filed today by the Company with the SEC.