Vince McMahon’s daughter Stephanie McMahon is the WWE’s new CEO

 

Meet the new Boss.

Stephanie McMahon is taking up as World Wrestling Entertainment Inc.’s
WWE,
-2.84%
chairman and CEO, after her father Vince McMahon stepped down amid an investigation into his “alleged misconduct” with an worker.

The WWE is wanting into a secret $3 million settlement that McMahon, the former chair and CEO also called “The Boss” and “The Chairman” of the world’s largest skilled wrestling promotion firm, reportedly paid to an worker that he allegedly had an affair with, in line with the Wall Street Journal.

Stephanie McMahon had beforehand labored as the WWE’s chief model officer, and can run issues in the meantime.

“Until the conclusion of the investigation into current allegations, I’m honored to imagine the function of interim Chairwoman & CEO,” she tweeted. “I like @WWE and all it continues to do to entertain billions round the world.”

Here are 5 issues to find out about the WWE’s new CEO.

Wrestling runs in the household.

As said above, Stephanie McMahon is the daughter of Vince McMahon. But she is additionally the fourth era in the McMahon household to be both a wrestling or boxing promoter. The custom traces again to her great-grandfather Roderick “Jess” McMahon, grandfather Vincent J. McMahon, in addition to her father, Vince Okay. McMahon

See additionally: Vince McMahon to seem stay on WWE’s SmackDown

She is additionally a former skilled wrestler.

Stephanie McMahon had dozens of appearances as a professional wrestler at varied WWE occasions, together with WrestleMania and Smackdown. Her WWE storylines and occasions embrace “Vengeance 2003” and “1999 Raw,” in line with a Bleacher Report article recounting her profession, which described her as, “a scavenger, ready for another person to fell the prey earlier than lunging at it.”

She is married to a professional wrestler.

Stephanie McMahon has been married to WWE wrestler Paul “Triple H” Levesque since 2003. It was a case of life imitating artwork, as McMahon and Triple H had an “on-screen” romance, which culminated in them getting married for a WWE occasion in 1999.

See additionally: Florida declares professional wrestling an ‘important’ enterprise

She and Triple H have even often competed as a pair at WWE occasions all through the careers. The dynamic duo grapple collectively beneath the title The Authority.

Her web price is reportedly round $150 million.

Stephanie McMahon and her husband Paul “Triple H” Levesque have a mixed web price of $150 million, Celebrity Net Worth estimates.

See additionally: How a millionaire outbid a billionaire to purchase the Golden State Warriors in 2010

In addition to her C-suite roles at the WWE, McMahon owns thousands and thousands of {dollars} price of WWE frequent inventory as of 2020, in line with an SEC filing. WWE shares have been buying and selling simply above $62 the day she was named the interim CEO on Friday, June 17.

She was taking a depart of absence, earlier than turning into the interim CEO.

Last month, Stephanie McMahon introduced that she was taking a depart of absence from her WWE tasks as chief model officer, citing her household. “WWE is a lifelong legacy for me and I stay up for returning to the firm that I like after taking this time to give attention to my household,” she tweeted.

The Wrestling Observer reported that McMahon could be again ultimately, however there was no timetable for her return — till she was named the new CEO this week, that is.


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